Ericsson jobs to go as rival secures contracts

Ericsson New Zealand is about to get rid of nearly a quarter of its workforce as it loses yet another key contract to rival Alcatel-Lucent.

Ericsson will shed 10 staff over the next six months, including contractors and in-house staff, out of a team of 50.

The company said the job cuts form part of a global cost-cutting programme which aims to save US$588 million (NZ$1 billion).

Read more on BusinessDay.co.nz

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Ericsson

Show Comments
[]