Ericsson job losses
3 April 2012
Swedish mobile phone company Ericsson is cutting 3,700 jobs in the UK and Sweden and is ending all mobile telephone production at its Worksop and Scunthorpe sites in a bid to save £1.4 billion a year. The group is outsourcing the manufacture of mobile phones to electronics specialist Flextronics. It is expected to source in eastern Europe or the Far East.