US layoffs continue in 2012.... - Anonymous employee Ericsson Employee Review

2.0
Jan 11, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits are great for 2013.

Cons

As previously stated, like clockwork, we just to hit with sudden/unexpected/unanticipated 10% layoff at Telcordia (now officially Ericsson). Many excellent colleagues let go for no other reason ore then "business conditions"...seems to be the proverbial catchphrase these days to cull the ranks of experience employees. Suffice to say tat morale is in the dumps as we expect more layoffs in 1st quarter.

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Cons

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