Ercisson to Lay Off Workers
Wireless equipment maker Ericsson said Monday it will close one of its facilities in Sweden and lay off 393 workers.
The company said it would close its production and design facility in Nynäshamn and move the production to facilities in central Sweden.
Of the unit’s 463 workers, 70 will be transferred, but the remainder will be laid off.
Ericsson employs more than 51,500 workers worldwide.