Do not wait for things to turn out bad - leave now if you are working in Stockholm.
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there have been 60+ people all from one department let go in one day at Nokia NJ location as well. So Nokia USA is also in the same boat as Ericsson.
Lot of people don't want to leave on their own because they want to get paid the six months of severance they have accumulated over the years at Nokia. How much is Ericsson's severance?
In the country I worked for Ericsson in, my layoff was six months ago.
They told me it was because of the company struggling, but then no one else was let go.