Ericsson To Cut 8,500 Jobs Globally In Largest Layoff In Telecom Industry History Ericsson, a telecommunications equipment manufacturer, plans to reduce its workforce by 8,500 employees worldwide as part of its cost-cutting strategy, according to a memo seen by Reuters. This would be the largest layoff in the telecommunications industry, surpassing previous releases by technology companies such as Microsoft, Meta, and Alphabet due to economic... (2 views)