Arab Today, arab today stericsson to cut up to 1600 jobs worldwide
Last Updated : GMT 13:41:06
Arab Today, arab today
Arab Today, arab today

ST-Ericsson to cut up to 1600 jobs worldwide

Arab Today, arab today

Arab Today, arab today ST-Ericsson to cut up to 1600 jobs worldwide

Stockholm - AFP

The mobile technology venture between Ericsson and STMicroelectronics, ST-Ericsson, said Monday it would axe 1,600 jobs after splitting the operation. \"ST-Ericsson will carry out restructuring of its current operations which could impact some 1,600 employees worldwide, out of which ... 500-700 are in Europe, including 400 to 600 positions in Sweden and 50 to 80 positions in Germany,\" said the company, which in 2012 had 5,000 employees.

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