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Ericsson to further streamline its CDMA business unit to leverage organizational synergies
May 4, 2005, 08:30 (CEST)
Based on previously announced commonality across its technology platforms, Ericsson will streamline its organization to maintain industry leading efficiency and productivity within its operations.
Business Unit Mobile Systems CDMA has its administrative headquarters in San Diego, California. Following the reorganization, the CDMA business unit will further leverage Ericsson's global organizational structure by transitioning responsibilities, which today are handled in San Diego, to other operations.
As a consequence of streamlining the organization, CDMA operations in San Diego will be significantly reduced and the headquarter operations will eventually be closed. Ericsson estimates that approximately 250 employees will be made redundant over the next 6-9 months.
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at http://www.ericsson.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
Media:
Pia Gideon, Vice President, Market & External Relations
Ericsson Group Function Communications
Phone: +46 8 719 28 64, +46 8 719 6992
E-mail: press.relations@ericsson.com
Kathy Egan, Vice President, Ericsson Inc., Corporate Communications
Phone: +1 212 843 8422
E-mail: kathy.egan@ericsso.com
Investors:
Gary Pinkham, Vice President, Investor Relations
Ericsson Group Function Communication
Telefon: +46 8 719 00 00
E-mail: investor.relations.se@ericsson.com
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