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Telefonaktiebolaget LM Ericsson (lit. 'Telephone Stock Company of LM Ericsson'), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm, Sweden. The company sells infrastructure, software, and services in information and communications technology for telecommunications service ...
May 18, 2022 · Ericsson on Wednesday laid out plans to restructure its operations to focus on business customers and mobile infrastructure, announcing two senior executives will leave the company.
Feb 24, 2023 · Swedish telecom company Ericsson will lay off 8,500 workers as part of its cost-cutting measures, the company confirmed to CNBC on Friday. It will affect roughly 8% of Ericsson's staff of...
Leadership history. Over the past 140 years, Ericsson has successfully navigated through stock market crashes, world wars, and rapidly changing markets and technology. Strong leadership has ensured that our business not only survived, but lasted to become a global leader in ICT. Lars Magnus Ericsson, CEO 1876 – 1900.
What happened? The importance of profit has been demonstrated with terrifying logic by the fate of the American telecom vendors. Early in 2009 it became clear that Nortel was on the verge of bankruptcy. For Ericsson this raised the CDMA issue once again.
Feb 27, 2022 · Leaked internal documents show that in 2019, Ericsson itself examined employees’ alleged corrupt practices in 15 countries dating back to 2011. Aside from China, none of these countries were covered in Ericsson’s billion-dollar settlement with U.S. prosecutors.
Dec 14, 2022 · Based on a leaked Ericsson internal compliance report obtained by the International Consortium of Investigative Journalists, the Ericsson List project revealed a broad pattern of corruption involving tens of millions of dollars in suspicious payments over nearly a decade to sustain the company’s business in Iraq, financing slush funds, trips ...
