(JW Insights) Nov 8 -- Ericsson’s research and development center in Guangzhou started a major personnel adjustment. The entire 5G Tool development team has been laid off, with only the market sales and technical support teams being retained, reported Pandaily on November 7, citing a disclosure by an Ericsson employee on social media.
Furthermore, employees have revealed that the layoffs have also affected teams in Beijing and Shanghai. It is reported that the deadline for these layoffs is December 31, with a compensation package of N+3+year-end bonus.
Currently, it is unclear about the specific number or proportion of employees being laid off. Additionally, recruitment at Ericsson’s Guangzhou R&D Center has been halted, with no available positions, further confirming the news of layoffs.
Ericsson has five research and development centers in China, located in Beijing, Shanghai, Guangzhou, Chengdu, and Nanjing. It has a total of approximately 13,000 employees, with around 6,000 of them being part of the research and development team. As early as February this year, Ericsson announced plans to globally reduce its workforce by about 8%, which amounts to approximately 8,500 employees, according to the Pandaily report.
(Gao J/Yuan XY)
