Thousands lose their job as Ericsson pulls out of Sweden

 
Thousands lose their job as Ericsson pulls out of Sweden
Ericsson is about to shut down all production in Sweden, writes the Swedish newspaper Svenska Dagbladet on Wednesday. The newspaper has seen an internal confidential report.

"We end a 140-year-old manufacturing era, which represents the biggest cut of employees in Sweden ever," it says in the Ericsson report.

The telecom giant has currently 800 employees at its plant in Borås and 400 in Kumla. Both factories will be closed down and a further 600 posts will disappear in connection with the closures.

In addition, the company cuts down more than 1,000 jobs in research and development. Exactly how many jobs that will disappear from Ericsson is not clear in the report, but SvD estimates, based on the wording of it, that it is approximately 4,000.

The reason given for the closures is that Ericsson needs to save money. SEK 3 billion must be saved, most of it in Sweden.

Ericsson has a total of over 116,000 employees worldwide. Just over one-eighth of those, 15,000 are working in Sweden. Six years ago, the company had 20,000 employees in Sweden.

A source said to be "central in the negotiations between the employer and employees," predicts that the telecom giant is about to leave Sweden altogether.

- This plan would kill Ericsson, and would be a first step towards phasing out the whole of Ericsson's operations in Sweden, said the source to SvD.

Comment below.

Latest
obbo-1-Recovered.jpg
That billionaire George Soros has a finger in most of the shady stuff that is going on in the West (and the East), has finally reached US lawmakers, not even a single minute too early.

obbo-1-Recovered.jpg
Police in Iceland warn against driving under the influence of the aurora, after having stopped tourist motorists who were more concerned with the celestial phenomenon than keeping their eyes on the road.

obbo-1-Recovered.jpg
Egyptian Omar Abdel-Rahman, a controversial blind Muslim cleric, who in 1996 was sentenced to life in prison for the bombing of the World Trade Center in New York in 1993, has died in prison in the United States.




View this article in PDF format Print article



DON'T MISS A POST - FOLLOW US ON FACEBOOK!




Disclamer
Comments at Speisa are unmoderated. We do believe in free speech, but posts using foul language, as well as abusive, hateful, libelous and genocidal posts, will be deleted if seen. However, if a comment remains on the site, it in no way constitutes an endorsement by Speisa of the sentiments contained therein.
comments powered by Disqus