{"id":225971,"date":"2010-01-25T11:19:58","date_gmt":"2010-01-25T16:19:58","guid":{"rendered":"http:\/\/www.stoth.com\/2010\/01\/25\/ericsson-posts-q4-layoff-surplus-digital-daily\/"},"modified":"2010-01-25T11:19:58","modified_gmt":"2010-01-25T16:19:58","slug":"ericsson-posts-q4-layoff-surplus-digital-daily","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/225971","title":{"rendered":"Ericsson Posts Q4 Layoff Surplus [Digital Daily]"},"content":{"rendered":"<p><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.stoth.com\/wp-content\/plugins\/wp-o-matic\/cache\/d6223_LAYOFFS_BOBS_THUMB21.jpg\" alt=\"LAYOFFS_BOBS_THUMB2\" width=\"150\" height=\"109\" class=\"alignright size-full wp-image-29728\" \/> The 5,000+ layoffs Ericsson announced in 2009 evidently didn\u2019t pare the company\u2019s costs down as much as it had hoped.  The company said on Monday that it plans to sack another 1,500 employees this year,  as it steels itself to compete in a tough market. <\/p>\n<p>The cuts, which are not part of a previously announced cost-cutting scheme, come after Ericsson posted <a href=\"http:\/\/finance.yahoo.com\/news\/Ericsson-reports-fourth-iw-3801600974.html?x=0&amp;.v=1\">an appalling 92 percent drop in fourth-quarter profit<\/a>.  The company reported net profit of $43.4 million in the quarter, down from $539.4 million in the year-ago quarter. Sales slid 13 percent to $8.08 billion, down from $9.29 billion in the fourth quarter last year.  Needless to say, Ericsson\u2019s performance fell well short of analysts\u2019 expectations.<\/p>\n<p>Buy This Item: <a class=\"buy\" href=\"http:\/\/www.stoth.com\/buy.php\" ><span style=\"color: #33bc03\">[Click here to buy this item]<\/span><\/a><\/p>\n<p><a href=\"http:\/\/digitaldaily.allthingsd.com\/20100125\/ericsson-posts-q4-layoff-surplus\/?mod=ATD_rss\" >Read Original Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 5,000+ layoffs Ericsson announced in 2009 evidently didn\u2019t pare the company\u2019s costs down as much as it had hoped. The company said on Monday that it plans to sack another 1,500 employees this year, as it steels itself to compete in a tough market. The cuts, which are not part of a previously announced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-225971","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/225971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=225971"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/225971\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=225971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=225971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=225971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}