Thread regarding Verizon Communications Inc. layoffs

FIRE HANS

BUSINESS IN ASIA / CHINA / SWEDEN
Ericsson in crisis: CEO fired, suspicions of corruption
August 1, 2016 - by News Desk - Leave a Comment
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Ericsson (the Swedish world leader in communications technology and services) is in a leadership crisis and being investigated on corruption. The corporation also announced that large lay-offs are imminent.

With mounting pressure on Ericsson its Board of Directors announced on 25 July 2016, in the middle of the Swedish vacation break, that its President and CEO Hans Vestberg was stepping down with immediate effect. Jan Frykhammar, Executive Vice President and CFO, will assume the CEO position until a new CEO is in office.


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Post ID: @OP+1k4z6x9gw

7 replies (most recent on top)

@be not following.

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Post ID: @f0+1k4z6x9gw

🥱🥱🥱This is old news!! Where were you back in 2017? 🤣

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Post ID: @c3+1k4z6x9gw

@OP Thanks for the timely heads-up.🙄

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Post ID: @an+1k4z6x9gw

Exclusive: Ericsson helps Iran telecoms, letter reveals long-term deal
By Steve Stecklow
November 20, 20122:58 PM CSTUpdated November 20, 2012

By Steve Stecklow
LONDON (Reuters) - The Swedish firm Ericsson is working with Iran's largest mobile telecom operator to expand its network and has promised to support another Iranian mobile carrier until 2021, according to interviews and an internal company document.
The involvement of Ericsson, the world's largest mobile network equipment maker, comes at a time when many Western companies have stopped doing business in Iran because of international sanctions or concerns about damage to their reputations. While Ericsson argues in the internal document that telecommunications are a "basic humanitarian service," Iranian human rights groups say Iran's regime has used the country's mobile-phone networks to track and monitor dissidents.

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Post ID: @a4+1k4z6x9gw

https://www.unitedagainstnucleariran.com/index.php/company/ericsson

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Post ID: @a3+1k4z6x9gw

FIRE HANS. FCC SHOULD INVESTIGATE.

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Post ID: @a2+1k4z6x9gw

Ericsson

Industry:
Telecommunications
Value Of USG:
119
Symbol:
NASDAQ: ERIC
Country:
Sweden
Website:
Ericsson
Contact Information:
press.relations@ericsson.com

Sources:
"The company has been identified as potentially providing telecommunications services in Iran. Summary of Status Change from 2019 report - CalPERS has commenced the review process to determine whether the company meets the threshold criteria for consideration under the Act."

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Post ID: @a1+1k4z6x9gw

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