Ericsson

Telecom
Sweden1 layoff round tracked
8,500

Total Jobs Cut

June 2024

Most Recent

8,500

Largest Single Layoff

No

AI Cited

Layoff Timeline

June 2024

8,500 jobs cut

Reason: 5G deployment slowdown; 1,400 in Sweden alone

Source: Allwork.space

About Telecom Layoffs

219,590

Total industry layoffs

11%

AI-cited events

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Nokia

1 round

14,000 jobs

Sources

Allwork.space

5G deployment slowdown; 1,400 in Sweden alone

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