DUBLIN, Feb 5 (Reuters) - Swedish telecom equipment maker Ericsson (ERICb.ST) will cut 300 of its 1,700 jobs in Ireland as part of plans to save 10 billion Swedish crowns ($1.2 billion), the company said on Thursday.
"This is part of the action being taken across the world to consolidate operations into fewer locations," Country Manager John Hennessy said.
Trade union SIPTU said the redundancies at Ericsson would come from the research and development section of its Dublin office.
"These are high value added jobs with a highly productive, highly skilled graduate workforce and that makes the news that the company intends outsourcing to either China or Hungary all the more worrying", SIPTU said.
"This is part of the action being taken across the world to consolidate operations into fewer locations," Country Manager John Hennessy said.
Trade union SIPTU said the redundancies at Ericsson would come from the research and development section of its Dublin office.
"These are high value added jobs with a highly productive, highly skilled graduate workforce and that makes the news that the company intends outsourcing to either China or Hungary all the more worrying", SIPTU said.
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