While Ericsson said its mobile infrastructure business has seen little impact from the dismal economy, CEO Carl-Henric Svanberg said the vendor would eliminate 5,000 employees as a precaution against a possible downturn in the wireless infrastructure market. Read more at FierceBroadbandWireless. [1]
Links:
[1] http://www.fiercebroadbandwireless.com/story/ericsson-demand-mobile-broadband-strong/2009-01-21
[2] http://www.fiercewireless.com/story/motorola-cut-4-000-more-jobs-amid-drop-sales/2009-01-14
[3] http://www.fiercewireless.com/special-reports/out-work-wireless
[4] http://www.fiercewireless.com/story/sprint-nextel-cut-8-000-jobs/2009-01-26