Börje Ekholm takes office as president and CEO of Ericsson

Börje Ekholm has assumed the position as president and CEO of Ericsson having been appointed in October 2016 to replace departed CEO, Hans Vestberg. Jan Frykhammar, who has temporarily held

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Shares fall 20% at Ericsson following profit warning and news it is cutting 3,000 jobs in Sweden

The bad news keeps piling up for Ericsson (NASDAQ:ERIC). Last week the Sweden-based giant reported that it intends to cut its 16,000 Swedish workforce by 3,000 positions in production, research

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