Sunday, 25 January, 2026
Ericsson to Continue Job Cuts in 2026 as CEO Cites Challenging Market Conditions
Ericsson CEO Borje Ekholm has announced that the telecommunications giant will continue workforce reductions throughout 2026 to improve operational efficiency. Facing a stagnant global 5G equipment market and cautious spending by mobile operators, the company is prioritizing cost-cutting measures and margin recovery. These ongoing layoffs are part of a broader strategic shift to streamline the organization.