Swedish mobile phone manufacturer Ericsson announced plans on 7 November to cut 1,550 jobs in Sweden, which could affect its R&D operations.
R&D staff could be among those hit, the company said in a statement, as it tries to stay afloat following its divorce from Sony in February. Ericsson employs roughly 22,400 R&D employees worldwide. Of these 40 per cent are based in Sweden.
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