Ericsson to eliminate 5,000 employees

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.

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.