The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Information Communication Services Telecommunications 61.20 - Wireless telecommunications activities
800 jobs Number of planned job creations
Announcement Date
15 December 2020
Employment effect (start)
Foreseen end date
31 December 2022
Description
Ericsson, the Swedish multinational telecommunications company has announced that it will create 800 jobs across the UK.
Ericsson's workforce expansion, due to the UK's 5G network development, is planned by 2022. The new jobs include project management, build engineering and field operations roles.
Ericsson will directly hire 250 employees, while the remaining 550 jobs will be created by Ericsson's partner organisations.
The company chief executive stated that the further deployment of 5G technology will support job growth and help restart the UK economy.
Ericsson provides a wide range of products and services to telecommunications systems operators in the UK and currently employs 2,500 people.
15 December 2020: Ericsson (company press release) (www.ericsson.com)
Citation
Eurofound (2020), Ericsson, Business expansion in United Kingdom, factsheet number 102934, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102934.
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