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Ericsson Inc.

ERICInformation Technology· Plano, Texas, United States
LAYOFFS TRACKED
2
LAST EVENT
Sep 29, 2023
MARKET CAP
—
EMPLOYEES
99,000

Ericsson is a multinational provider of telecommunications equipment and services, including cellular network infrastructure, managed services, and 5G solutions. The company supplies operators worldwide with hardware, software and services for mobile and fixed networks.

Layoff timeline

2 EVENTS
Sep 29, 2023WARN notice
Irvine, CA · 2 locations
Reported Sep 14, 2026Date not disclosedNews
Genoa, Italy

Ericsson cut over 130 employees at its Genoa office, closing the entire Business Area Networks unit (BNEW). The article reports 110 redundancies from the BNEW closure and an additional 21 layoffs from the Business and Cloud Software and Services (BCSS) segment, with staff and trade unions citing a total of 131 affected. The closure included the entirety of the Optics R&D division and part of another R&D department focused on advanced network technologies. Sources attributed the cuts to a strategic review and a prolonged decline in the Italian telecommunications market; Ericsson employed over 1,900 people in Italy as of March 2025 and has multiple Italian offices.

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