Tuesday, May 09, 2006

Pushed aside for younger model


In a stark announcement this week, Ericsson said it was offering voluntary redundancy to up to 1,000 employees aged 35 to 50 in order to make way for younger workers.

The telecommunications equipment maker said its workforce had become "unbalanced" after big job losses at the start of the decade and it needed to recruit younger staff to ensure competitiveness.

See full Article (paid registration required).