LET THE HUM SLAMMING COMMENCE... You literally cant make this stuff up anymore because its real life. Also Hans Vestberg has an arrest warrant in China and Asia for corruption.
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The announcement follows on weeks of turmoil for Ericsson. It was recently revealed that the CEO of Ericsson, Hans Vestberg and other Ericsson executives had received improper salaries and spent hundreds of thousands of dollars on trips, writes Veckans Affärer. Ericsson has subsequently on made headlines for being investigated on suspicions of corruption in China, and for involvement in an arms deal in Greece.
At the same time, the company has been announcing big lay-offs in the struggle to improve profitability.
Ericsson's board of directors voted unanimously to replace Hans Vestberg as CEO of the company.
Do you have some proof to back up the arrest warrant claim? A quick google search turned up nothing saying that.