Ericsson plans to cut up to about 1,000 employees, and will in the process close its site in the Swedish town of G
The site in G
Ericsson still has manufacturing at five sites in Sweden, the spokeswoman said.
The reason for the layoffs is that Ericsson is in the process of announcing new products that need fewer employees to be manufactured, the company said. In total, Ericsson has about 75,000 employees, it said.
The Nordic telecommunications sector continues to see staff cuts. On Nov. 20, Nokia announced it planned to lay off up to 330 employees in Finland and Denmark.