Ericsson layoffs: Ericsson had earlier announced its plans to cut costs by 9 billion crowns by the end of 2023 as it witnessed slowing demand in some markets
https://www.outlookindia.com/business/tech-layoffs-ericsson-lays-off-1-400-employees-in-sweden-more-job-cuts-to-follow-worldwide-report-news-263862