Ericsson to axe 130 jobs in Ireland
Swedish vendor will cut its Dublin staff base as part of a global, company-wide restructure
Ericsson is set to axe around 130 jobs in Ireland as part of a global restructuring, the second time the Swedish vendor has announced plans to cut roles in the country within the last year.
Reports claim the majority of these cuts will be from its Dublin operations centre, with the company looking at redeployment opportunities and seeking voluntary redundancies over the next few weeks.
In a statement the company said: “This is to ensure a competitive business model aimed at securing long-term growth and linked to the technology needs of our customers.”
“The company remains committed to R&D in Ireland and will continue to employ over 1,200 people in our Athlone and Dublin campuses. Ericsson regrets the impact of [the] announcement on our employees and will be providing a comprehensive support programme to affected employees.”
In December, Ericsson said it planned to cut 59 jobs from its Dublin office as part of company-wide cost-cutting measures. Earlier this year. Ericsson announced an operating loss of $1.4 billion, stunning investors.
The vendor promised a major restructure that includes cutting up to a quarter of its 100,000 global staff footprint. Ericsson has cut 7,000 jobs in the past year, most of them in North America.