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ERIC Telefonaktiebolaget LM Ericsson News Story

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Ericsson lays off about 100 Canada-based employees amid need to cut costs, Globe and Mail reports

Sept 8 (Reuters) - Swedish telecom equipment maker Ericsson ERICb.ST has laid off about 100 Canada-based technical employees, citing a need to streamline costs and a broader strategy to consolidate its global work force, the Globe and Mail reported on Monday, citing sources.

Reuters could not immediately verify the report.

 (Reporting by Harshita Meenaktshi in Bengaluru)

 ((HarshitaMeenaktshi.R@thomsonreuters.com;))

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