21.01.2009 12:35 Uhr, Quelle: Macworld UK

Ericsson profit declines, plans to cut 5,000 jobs

Ericsson plans to achieve annual savings of 10 billion Swedish kronorSwedish operator Ericsson saw declining profits for its fourth quarter and will lay off 5,000 employees in a continuing effort to cut costs, the company said on Wednesday.

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