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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

08/23/17 at 6:58 AM CDT

 

 

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Ericsson (ERIC) Plans Massive Layoffs to Streamline Costs

Ericsson (ERIC) Plans Massive Layoffs to Streamline Costs

finance.yahoo.com/ne...3.html

 

These are really massive layoffs, one out of every four people will be fired.  Wow!

Essentially, Ericson will cut off a limb in order to survive.  Nokia and Huawei should be able to pick up additional market share in the future.


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

08/23/17 at 6:59 AM CDT

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