Ericsson has announced plans to reduce its workforce in Sweden by around 1,600 roles, representing nearly 12 per cent of its employees in its home market. The move forms part of the telecom equipment maker’s ongoing efforts to rein in costs and improve operational efficiency amid continued pressure on global telecom spending.
The latest round of job cuts builds on earlier reductions already carried out by the company. In March 2024, Ericsson trimmed about 1,200 positions in Sweden, while in early 2023 it announced a much larger global restructuring that impacted roughly 8,500 roles worldwide.
More recently, the company has also implemented layoffs in its Canadian operations, indicating that the cost-control programme remains active across regions.
As part of the current process, Ericsson has formally notified the Swedish Public Employment Service and begun consultations with relevant trade unions, in line with local labour regulations. Discussions are expected to focus on the scope of the reductions, timelines and support measures for affected employees.
The company has indicated that the workforce reduction is tied to broader global initiatives aimed at strengthening its cost position. While efficiency measures are being pursued across the group, Ericsson has signalled that not every step will be communicated individually as the programme progresses.
Ericsson’s announcement comes at a time when there has been a lot of restructuring across the European telecom- equipment sector.
