1,400 positions removed from Ericsson in Sweden

Leksand extended the winning streak beat AIK

The telecom company Telia is now finished with its union negotiations and the idea is that it will take place with voluntary severance packages. – Packages can always be better, but we are relatively satisfied. And it applies above all to the whole, that together with a voluntary nature, this is a good solution, says Per Norlander, head of negotiations for the trade union organization Sweden’s Engineers. Last fall, Ericsson CEO Börje Ekholm flagged that the company should reduce costs, including personnel, to deal with the failing profitability. A total of nine billion kroner is to be saved in the entire group. See more in the player above