@CompanyFence382 1 month ago
Ericsson is about to fire a lot of people
Ericsson is about to fire a lot of people
just announced that they might be reducing about 1600 roles in Sweden to reduce cost and efficiency. I think reducing number of employees is a sign of poor management, if the profits were higher, they would be hiring more people instead. I think I'll stay away from the share. Am I thinking on the correct lines?
@SevenProblem148 1 month ago
Could be trimming fat, not panic. Market usually waits for margins. You staying out or watching ?
