Thread regarding Ericsson layoffs

40% workforce reduction?

Actually the internal rumor is that it's more likely going to be up to 40% of the workforce that wil be laid off.

This sounds even more outthere than the 25k that's being reported by the media. Where did you hear this rumor? I'm not sure that Ericsson would be able to survive loosing close to 40k people. Even 25k sounds like pushing it.

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Hopefully with good exit packages!

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