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    Home»Economy»8,500 employees lose their jobs
    Economy

    8,500 employees lose their jobs

    Charlotte WhitmoreBy Charlotte WhitmoreFebruary 27, 2023No Comments2 Mins Read
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    8,500 employees lose their jobs
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    Another tech giant has announced staff cuts. After Meta, Microsoft, Yahoo and Dell, among others, it’s Ericsson’s turn.

    One of the world’s largest manufacturers of telecommunications equipment, Ericsson plans to lay off about 8,500 employees.

    The figure represents 8% of the company’s global workforce.

    The cuts came, according to the Stockholm, Sweden-based company, as a result of lower orders for 5G equipment in both the United States and other markets.

    Meanwhile, Brazil, which during the previous government was in a quick and commendable process of restoring jobs, with the installation of the ex-convict Lula (PT) seems to have entered the “screw”. The climate of insecurity in our economy is pervasive, and corporations are falling behind, encouraging layoffs and eliminating investments, in the omen of great disaster.

    Lula must be removed from office as soon as possible.

    • JCO TV's new live program will premiere on Sunday: "Brazil needs to know" (watching video)JCO TV’s new show is on the air for the first time on Sunday: “Brazil Needs to Know” (WATCH THE VIDEO)

    There is no other way out!

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    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

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