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Swedish Tech Giants Tighten Belts: A New Era for Ericsson and Telia

Walking through the tech hubs,  Kista last week during the lunch, I couldn't help but notice a certain crispness in the air that wasn't just the January frost. There’s a palpable sense of transition in the Swedish business world, a feeling that the "old guard" is shedding its heavy winter coat to run a much leaner race. It’s fascinating to watch these industry titans—companies that literally built the foundation of how we communicate—pivot so sharply in real-time. We often think of tech giants as immovable mountains, but as it turns out, even mountains have to shift when the tectonic plates of AI and 5G start moving. It’s a bittersweet moment for the local workforce, but an intellectually gripping one for anyone following the global business landscape. Strategic Downsizing in the Heart of Swedish Telecom Ericsson’s Bold Move to Secure Technological Leadership Workforce and Scale:   As of early 2026, Ericsson maintains a massive global footprint with a...

Swedish Tech Giants Tighten Belts: A New Era for Ericsson and Telia