Swedish telecommunications equipment maker Ericsson’s plans in China will involve cutting about 240 positions at its core network research and development (R&D) facility on the mainland, a company representative said in an email.
Ericsson, which last month announced it was axing about 1,200 jobs in its home market, is now “diversifying [its] R&D footprint in alignment to sales”, according to the representative, who added that the company “remains committed to our customers in mainland China” and that it is not exiting the market.
The firm had earlier indicated a contraction in 5G…
