Ericsson confirmed plans to cut 2,200 positions in Sweden, mainly in R&D and Supply, as part of its on-going cost and efficiency program announced last November.
The program targets savings of approximately SEK 9 b. with full effect during 2017.
Ericsson said it strategy is to excel in core areas: Radio, Core and Transmission and Telecom Services; and to fund growth in the targeted areas: IP networks, Cloud, TV & Media, OSS & BSS and Industry & Society.
http://www.ericsson.com/news/1901885?categoryFilter=press-releases_1270673222_c
