STOCKHOLM—
Ericsson
ERIC -0.52%
AB plans to cut around 1,400 jobs in Sweden as the telecommunications-equipment giant grapples with slowing demand for its 5G gear in markets like the U.S.
The cuts are part of an…
Attendees view a hologram at the Ericsson stand at the MWC Barcelona exhibition. The company last month reported a lower-than-expected quarterly profit.
Photo:
Angel Garcia/Bloomberg News
