{"id":130023,"date":"2025-09-09T00:52:13","date_gmt":"2025-09-09T00:52:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/130023\/"},"modified":"2025-09-09T00:52:13","modified_gmt":"2025-09-09T00:52:13","slug":"ericsson-lays-off-about-100-canada-based-employees-to-cut-costs-globe-and-mail-reports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/130023\/","title":{"rendered":"Ericsson lays off about 100 Canada-based employees to cut costs, Globe and Mail reports"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -Swedish telecom equipment maker Ericsson has laid off about 100 Canada-based technical employees, citing a need to streamline costs and a broader strategy to consolidate its global workforce, the Globe and Mail reported on Monday.<\/p>\n<p class=\"yf-1090901\">The employees were told Monday morning they would be given severance packages and job transition support, with their final work day being October 31, the report said, citing sources.<\/p>\n<p class=\"yf-1090901\">Reuters could not immediately verify the report and Ericsson did not immediately respond to a request for comment.<\/p>\n<p class=\"yf-1090901\">Ericsson spokesperson Nathan Gibson told the Globe and Mail that the company&#8217;s job cuts in Canada will bring together the its network management services team in the country with the company&#8217;s global operations, leveraging common tools, processes and scale.<\/p>\n<p class=\"yf-1090901\">The Stockholm-based company in its second-quarter results said its restructuring charges for 2025 are expected to remain at elevated levels.<\/p>\n<p class=\"yf-1090901\">Its quarterly operating profit, excluding restructuring charges, was 7.0 billion crowns ($748.70 million) against a year-earlier loss of 11.9 billion and a mean forecast of 6.1 billion in an LSEG poll of analysts.<\/p>\n<p class=\"yf-1090901\">($1 = 9.3496 Swedish crowns)<\/p>\n<p class=\"yf-1090901\">(Reporting by Harshita Meenaktshi in Bengaluru; Editing by Alan Barona)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Swedish telecom equipment maker Ericsson has laid off about 100 Canada-based technical employees, citing a need to&hellip;\n","protected":false},"author":2,"featured_media":130024,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[49,48,71191,71188,71189,914,44,71190,71193,71192],"class_list":["post-130023","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-ca","tag-canada","tag-citing-sources","tag-ericsson","tag-global-workforce","tag-globe-and-mail","tag-news","tag-severance-packages","tag-technical-employees","tag-transition-support"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/130023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=130023"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/130023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/130024"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=130023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=130023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=130023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}