Tuesday, March 13, 2012

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Ericsson lays off 22 execs in India; to transfer another 100 to sister units

The Indian arm of the world's largest telecoms gearmaker, Ericsson, is trimming and redeploying staff as it faces lukewarm operator spends in a fiercely competitive market.

Nearly 22 executives across categories have been fired on performance grounds and another 100 are likely to be transferred to sister organisations like Ericsson India Global Services, Ericsson Supply Site Jaipur, R&D centres and the regional technical centres (RTCs) to boost efficiencies, a top company executive aware of the development.

The Swedish vendor, which nearly doubled its India workforce last year to 12,000, is also undertaking a major "people competence" mapping exer-cise in the country to weed out non-performers.

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