I didn't see such statement in the original article from https://www.svd.se/nytt-omfattande-sparpaket-pa-gang-i-erics...
On the contrary, it's stated that "...there are far-reaching plans to centralize several of the European markets to reduce costs by reducing the number of employees." The bad thing with companies of such a big size (IBM, Nokia, Siemens..) is that there is always a lot of people to layoff.
Ericsson has to find it's own way through these troubled and quickly changing times. There are many areas such as Virtual Network Functions, Internet of Things, Hyperscale Datacenter System and many others which are being heavily worked upon and I think will give some good results.
Ericsson has to find it's own way through these troubled and quickly changing times. There are many areas such as Virtual Network Functions, Internet of Things, Hyperscale Datacenter System and many others which are being heavily worked upon and I think will give some good results.