The final push
Before the credit crunch is over and Big Business won't be able to sack everybody with impunity
Ericsson will be laying off another 1500 people following a quarter that saw net income down to less than a fifth of last year's. In the last three months of 2009 Ericsson's net income was 725m Swedish kronor (£62.5m), on sales of 58bn kroner, compared to the 4bn kroner the company brought in during the same period of 2008, on …
to any customers of Ericsson who are used to having good quality locally-sourced technical support. You'll soon find yourselves being supported by untrained labour in third-world countries. Well at least the likes of Virgin Media and 3 will find out what it's like dealing with their own call centres.
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