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Ericsson to Lay Off 8,500 Employees Worldwide to Cut Costs
Ericsson to Lay Off 8,500 Employees Worldwide to Cut Costs
February 25, 2023
Ericsson plans to lay off 8,500 staff worldwide to reduce expenses.
This would be the largest layoff in the industry.
Analysts predict that North America would likely be most affected.
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