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HomeStartup LayoffsFebruary 2023 › Ericsson

Ericsson lays off 8,500 employees — February 24, 2023

Ericsson, a other company based in Sweden, laid off 8,500 employees on February 24, 2023. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Ericsson
Employees laid off
8,500
Date
February 24, 2023
Industry
Other
Country
Sweden
Company stage
Post-IPO
Total raised (pre-layoff)
$663M

Source: https://www.reuters.com/business/media-telecom/ericsson-lay-off-8500-employees-memo-2023-02-24/

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More Ericsson layoffs

CompanyLaid offDateIndustryCountry
Ericsson 1,600 January 15, 2026 Other Sweden

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See all layoffs from February 2023 or the full startup layoffs tracker.