On November 7, 2012, Ericsson (NASDAQ:ERIC) informed its employees about a change in operations in Sweden, which also included reduction of positions covering all job areas, including sales, general and administration, R&D, supply and service delivery.
Ericsson in Sweden has reduced its operations by 1,399 positions by adapting the organization, in cooperation with the unions. This has resulted in 919 employees being given notice.
As announced previously, in absolute numbers, the majority of the reductions are in Ericsson's Networks unit, but all parts of the organization in Sweden are to some extent affected, impacting all its Swedish sites except Falun, Hudiksvall, Kalmar and Katrineholm.
Actual employees made redundant per site: Borås (24 employees), Gothenburg - Lindholmen and Mölndal (100), Karlskrona (30), Kumla (89), Linköping (78), Luleå (7), Lund (14), Malmö (8), Stockholm (569).
Expected restructuring costs associated to these actions estimated to approximately SEK -1.5 b., impacting Group results in Q1, 2013.
NOTES TO EDITORS
Total number of employees in Sweden was 17,712 on December 31. Ericsson has sites in: Borås (approx 1,100 employees), Falun (approx 230), Gothenburg - Lindholmen and Mölndal (approx 2,200), Hudiksvall (approx 300), Kalmar (aprox 20), Karlskrona (675), Katrineholm (approx 400), Kumla (approx 650), Linköping (approx 1,300), Luleå (approx 50), Lund and Malmö (approx 100), Stockholm (approx 10,700).
Photos of Tomas Qvist attached.
Ericsson reduces operations in Sweden: www.ericsson.com/thecompany/press/releases/2012/11/1655718
Download high-resolution photos and broadcast-quality video at www.ericsson.com/press
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