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Ericsson to slash 51 jobs in Finland

A little more than a year ago the company cut 71 jobs in Finland.

File photo. Image: Maja Suslin / EPA

Sweden-based telecoms giant Ericsson says it will cut up to 51 jobs at the firm's facilities in Finland, the company announced on Tuesday.

During co-determination talks that started in mid-October the company had projected cutting as many as 80 jobs in Finland.

Ericsson currently employs some 800 people in Finland, with most of them based at the company's facility in the southern town of Kirkkonummi.

Ericsson reported major losses last summer, with executives announcing a plan to save the company about one billion euros by the middle of 2018.