LM Ericsson Telephone (ERIC) news

Verizon and Ericsson accelerate 6G development with world's first outdoor 6G field call

Ericsson shares up 8% after Q3 results beat, on track for best day since January

Ericsson CFO: May have job cuts related to current restructuring

Ericsson is reportedly considering potential job cuts as part of its ongoing restructuring efforts, according to recent statements from the company’s chief financial officer. While no official figures have been disclosed, the company has previously announced significant workforce reductions in…

Ericsson CFO says working with customers to adjust prices

Ericsson’s Chief Financial Officer, Fredrik Jejdling, has emphasized the company’s ongoing efforts to adjust pricing strategies in collaboration with customers amid a challenging market environment. Speaking from the company’s headquarters in Kista, Jejdling stated that Ericsson is reviewing all…

Ericsson announces simplification of group structure and changes to the executive team

Ericsson has announced a restructuring of its group organization and executive leadership to enhance operational efficiency and align with its strategic goals. The changes, effective June 1, 2022, include the creation of new business areas and the reorganization of key functions to better position…