Ericsson profits drop 92 per cent, 1500 jobs to be cut

Ericsson unveiled plans Monday, to cut 500 jobs as the telecommunications giant announced a huge Share

Nokia’s 4th quarter net profit drops

Nokia Corp (NOK), the world’s largest mobile phone maker, reported a huge 69% slump in fourth-quarter net profit on Thursday. Share

Ericsson slashes 5,000 jobs as economic downturn takes its toll

Sweden’s Ericsson (ERICY) telecoms company forecasts a grim 2009 as global sales slow down. Share