Ericsson headquarters in Stockholm, Sweden
Ericsson has today announced 100 job losses for employees involved in its legacy products at its software campus in Blyry Industrial Estate, Athlone, Co Westmeath.
According to a report from RTÉ News, Ericsson has stated that research and development at the plant will continue.
This follows an announcement yesterday regarding Ericsson’s plans to scale back its operations in Sweden, where the company is headquartered.
In its efforts to reduce costs, 1,550 jobs were cut in numerous sites across Sweden and in all parts of the organisation, with all employees affected to be informed by March 2013.
“We must ensure that we can continue to execute on our strategy to maintain our market leadership, invest in R&D and meet our customers’ needs. To secure this we need to focus on reducing cost, driving commercial excellence and operational effectiveness. This will enable us to secure our future competitiveness,” said Tomas Qvist, head of Ericsson’s human resources in Sweden.
There was no indication at this announcement that further losses were to be expected at Ericsson sites elsewhere in the world.
We have reached out to Ericsson for comment on the matter.
