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Ericsson: 1,600 jobs cut
January 15, 2026SETelecommunicationsEricsson
Ericsson will eliminate 1,600 positions in Sweden (~12% of its 13,222 Swedish workforce) as part of global initiatives to improve cost position. Cuts expected to be completed by end of 2026. This follows 1,200 cuts in Sweden in March 2024 and 8,500 worldwide in 2023.
Conservative
0
Core Estimate
240
Upper Bound
560
Sources
PrimaryEricsson (Press Release)January 15, 2026
Ericsson announces 1,600 job cuts in Sweden amid cost-efficiency push
Ericsson will eliminate 1,600 positions in Sweden (~12% of its 13,222 Swedish workforce) as part of global initiatives to improve cost position. Cuts expected to be completed by end of 2026. This follows 1,200 cuts in Sweden in March 2024 and 8,500 worldwide in 2023.