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Ericsson Australia and New Zealand has announced today that it intends to slash the number of its contractors in half and reduce its permanent workforce by around 100 over the next six months.
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Ericsson chops 300 A/NZ workers - ZDNet Australia
The 200 contractors and 100 permanent employees will be losing their jobs due to projects nearing completion and a "global cost adjustment program" flagged by the global group in February which aimed to cut costs by around US$588 million globally ...
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