{"id":28775,"date":"2024-03-28T14:02:33","date_gmt":"2024-03-28T14:02:33","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers"},"modified":"2024-03-28T14:33:33","modified_gmt":"2024-03-28T14:33:33","slug":"tech-firm-ericsson-to-lay-off-1200-staffers","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers","title":{"rendered":"Tech firm Ericsson to lay off 1,200 staffers"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>Swedish-based tech company Ericsson announced on Monday that it will lay off 1,200 staff as part of its global initiatives to improve its cost position.<\/p>\n<p>The staff reduction will be done in Sweden, Ericsson said.<\/p>\n<p>Ericsson expects &#8220;a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.&#8221;<\/p>\n<p>The firm said the staff reduction measure is part of its global initiatives to improve its cost position, while maintaining investments critical to Ericsson\u2019s technology leadership.<\/p>\n<p>&#8220;Initiatives to increase operational efficiency will continue during 2024 but will not be announced separately,&#8221; it added.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/eritrea\">Eritrea<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. Swedish-based tech company Ericsson announced on Monday that it will lay off 1,200 staff as part of its global initiatives to improve its cost position. The staff reduction will be done in Sweden, Ericsson said. Ericsson expects &#8220;a challenging mobile networks market in 2024, with further volume contraction as customers remain cautious.&#8221; [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":28774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[242,243,233,1167],"class_list":["post-28775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-eritrea","tag-eritrea","tag-sweden"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tech firm Ericsson to lay off 1,200 staffers - Eritrea<\/title>\n<meta name=\"description\" content=\"Swedish-based tech company Ericsson announced on Monday that it will lay off 1,200 staff as part of its global initiativ ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tech firm Ericsson to lay off 1,200 staffers\" \/>\n<meta property=\"og:description\" content=\"Swedish-based tech company Ericsson announced on Monday that it will lay off 1,200 staff as part of its global initiativ ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-28T14:02:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-28T14:33:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/03\/sm_1711620134.134459.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tech firm Ericsson to lay off 1,200 staffers\",\"datePublished\":\"2024-03-28T14:02:33+00:00\",\"dateModified\":\"2024-03-28T14:33:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers\"},\"wordCount\":112,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/03\/sm_1711620134.134459.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\",\"Sweden\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/tech-firm-ericsson-to-lay-off-1200-staffers\",\"name\":\"Tech firm Ericsson to lay off 1,200 staffers - 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