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Ericsson already started process to layoff its staff in Russia : CEO

September 27, 2022


Swedish vendor Ericsson has already notified its 400 employees in Russia that they will be laid off as part of the company’s plan to shut down operations in the country, Ericsson CEO’s Börje Ekholm said in a conference call with investors.

“We have explained the orderly wind-down process to them and they’re now leaving our organization in a phased approach by the end of 2022,” he noted.

Ekholm also refuted a report by Swedish media that the vendor continued to export telecom gear to Russia after the war with Ukraine began.

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