Swedish telecom equipment manufacturer Ericsson is cutting 8,500 jobs worldwide. Reuters reports this based on a memo that was sent to employees. The company hopes to save costs with the job cuts. On Monday, Ericsson will announce that it wants to cut 1400 jobs in Sweden. The cost savings are […]
Sweden
Magdalena Andersson becomes Sweden’s first female Prime Minister. The parliament of the northern European country has cleared the way for her nomination. Finance Minister Andersson received the support of 117 MPs in a confidence vote. 57 abstained, and 174 voted against. To torpedo her appointment, a majority of MPs […]
The Swedish government has presented an emergency law that should make it possible to impose stricter restrictions in the fight against the coronavirus. The new powers would take effect next month and make it possible, for example, to close companies or to shut down public transport. The emergency law […]
