Ericsson Reports Strong Q4 Results, Raises Dividend Amidst Major Layoffs
Ericsson's robust Q4 profit leads to a higher dividend despite over 1,600 layoffs in Sweden, drawing mixed reactions from the market and unions.
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Ericsson Reports Strong Q4 2025 Profit Amid Strategic Challenges and Workforce Cuts
Ericsson exceeded Q4 profit forecasts with strong financial results, raised dividends, and proposed buybacks, but faces challenges with layoffs and Europe's tech sovereignty issues.
Ericsson to Cut 1,600 Jobs in Sweden Amid Tough Mobile Network Market
Ericsson plans to cut 1,600 jobs in Sweden due to a stagnant mobile network market and inflation pressures, with union and government responses highlighting concerns and support measures.
Ericsson to Cut 1,600 Jobs Across Sweden Amid Global Restructuring
Ericsson will cut 1,600 jobs across all Swedish sites in 2026 amid global restructuring, sparking criticism from labor unions over timing and planning.
Massive Job Cuts Shake European Automotive Sector Amidst Market Challenges
European automotive suppliers face unprecedented job losses amid low demand and rising Chinese competition, while Volvo Cars sheds all staff at its battery unit following Northvolt's bankruptcy.
Widening Electricity Price Gap Threatens 200,000 Jobs in Southern Sweden in 2025
Southern Sweden faces severe economic risks in 2025 as electricity prices soar nearly fourfold compared to northern regions, threatening up to 200,000 jobs and prompting companies to shift investments northward.
AI Poses Risk to 300,000 Swedish Office Jobs but Also Sparks Opportunity for New Roles
About 300,000 Swedish office jobs are at risk from AI in the next decade, but union leaders and economists highlight emerging job opportunities and the need for skills development.
Malmö FF Faces Deep Crisis as Coach Henrik Rydström Is Dismissed Amid Poor Allsvenskan Performance
Malmö FF's mid-season coaching change underlines deeper team struggles in the Allsvenskan, with former player Hugo Larsson calling for a comprehensive club reassessment.
Economic Pressures Weigh on Swedish and UK Markets Amid Regional Growth Concerns
Aston Martin faces losses amid tariffs as Stockholm grapples with rising unemployment and business decline, prompting calls for a growth pact.
Surge in Swedish Bankruptcies Affects Thousands as Economic Pressures Mount
Swedish bankruptcies surge in 2025, pressuring small businesses as economic challenges mount.
Political Leaders Respond to Principals' Warnings of School Layoffs
Local politicians reassure school communities amid warnings of layoffs due to budget cuts.
Filippa K Announces Layoffs at Headquarters Amid Financial Struggles
Filippa K is set to lay off one-third of its headquarters staff due to financial losses.
Sweden's Weak Economy Hits Media Industry Hard
Sweden's weak economy significantly impacts its media industry, leading to layoffs and reduced output.
Novo Nordisk Announces Major Layoffs, Adjusts Profit Forecast
Novo Nordisk reveals significant layoffs and lowers profit forecasts, stirring market reactions.
Novo Nordisk Announces Major Job Cuts Impacting Denmark and Beyond
Novo Nordisk's job cuts could have wide-reaching economic effects.
Ericsson Reduces Workforce in Canada by 100 Employees Amid Restructuring
Ericsson plans to cut 100 jobs in Canada as part of a restructuring effort to adapt to market challenges.
Swedish Organizations Face Economic Crises in 2025 with Schools Cutting Staff and Retail Sector Declining
Swedish businesses face significant economic challenges in 2025, with layoffs at schools and retail crisis in Gothenburg.
Economic Crisis Hits Folk High Schools in Sweden as Staff Layoffs Begin
Folk high schools in Sweden are facing layoffs due to financial hardships, raising concerns for adult education.
Sweden Faces Growing Bankruptcy Trend in 2025: Over 5,800 Companies Affected
2025 sees a surge in bankruptcies in Sweden, affecting thousands of employees amid economic instability.
Electrolux Professional Launches Cost-Saving Program Amid Market Struggles
Electrolux Professional announces layoffs and production relocations as part of a cost-saving program in response to market challenges.
Scania to Lay Off 750 Employees in Sweden Amid Strategic Restructuring
Scania announces significant layoffs of 750 employees in Sweden as part of operational restructuring.