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Ericsson profit plunges 92 pct as mobile operators cut spending on networks; 1,500 jobs to go

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

Ericsson profit plunges 92 pct as mobile operators cut spending on networks; 1,500 jobs to go

Posted: Jan 25, 2010 5:13 AM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Ericsson profit plunges 92 pct as mobile operators cut spending on networks; 1,500 jobs to go Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

more images more images Ericsson to cut 1,500 more jobs as profit plunges STOCKHOLM â Wireless equipment maker LM Ericsson AB on Monday said it will cut another 1,500 jobs this year after reporting a 92 percent drop in fourth-quarter profit as mobile operators slashed spending. Ericsson said net profit in the October-December period was 314 million kronor ($43.4 .... Original article on Gaea Times at : Ericsson profit plunges 92 pct as mobile operators cut spending on networks; 1,500 jobs to go.

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