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Ericsson to cut as many as 2,200 jobs in Sweden

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Published Wed, Mar 11, 2015 · 09:50 PM

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Stockholm

ERICSSON AB plans to eliminate as many as 2,200 jobs in Sweden as part of a cost-reduction plan to improve profitability amid slowing sales.

The measures, affecting about 2 per cent of the workforce, will mainly target research and development and supply functions, Stockholm-based Ericsson said in a statement on Wednesday.

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