Manage Tickers

Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current
Analyst Rating Guide

News

Back

'Ericsson Lays Off More Than 200 Employees In China; The Employees Impacted Would Be In Its Core Network R&D Division In China, A Spokesman Said' - WSJ

Author: Benzinga Newsdesk | April 18, 2024 08:40am

https://www.wsj.com/tech/ericsson-lays-off-more-than-200-employees-in-china-f4ab7db3

 

Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.

 

Ericsson said the positions would be cut in line with the company’s effort to diversify its research and development footprint to better align with its sales globally. The employees impacted would be in its core network R&D division in China, a spokesman said.

Posted In: ERIC


CORE & Plaid

CORE Finalist

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist