Telecoms network upgrades could cost 300,000 jobs in Europe over the next five years as wireless and wireline carriers move to more efficient technologies and look to reduce their workforces by 30%. According to the UNI Europa ICTS union, which represents telecoms workers across the European Union, within a decade the sector will see its … Continue reading
Ericsson (NASDAQ:ERIC) informs its employees in Sweden about the plan to reduce its operations in Sweden that involves a reduction of an estimated 1,550 positions, covering all job areas, including sales, general and administration, research and development, supply and service delivery. “It is naturally a difficult message for our employees in Sweden,” says Tomas Qvist, … Continue reading
The potential job losses in the Indian telecom industry are “enormous” in the wake of 2G licence cancellations and many of the affected entities have started trimming their workforce, according to HR experts. “Most of the companies whose 2G licences were cancelled are reducing their workforce. This is happening at all levels Only people at … Continue reading