Ericsson to wind down business activities in Russia over coming months

The company, which suspended its business in Russia indefinitely in April, said it has about 400 employees in Russia and it would provide financial support to affected employees.

Reuters

August 29, 2022 / 14:17 IST

Ericsson

Ericsson said on Monday it will gradually wind down business activities in Russia over the coming months as the Swedish telecom equipment maker completes its customer obligations.

The company, which suspended its business in Russia indefinitely in April, said it has about 400 employees in Russia and it would provide financial support to affected employees.

Reuters

first published: Aug 29, 2022 02:17 pm

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