Here you will find all the articles with the tag: cevian capital.
The move is part of a major cost-cutting plan that could include additional layoffs elsewhere. Ericsson, the Swedish telecoms manufacturer, plans to cut around 1,400 jobs in Sweden, according to a report in Reuters. The move is part of a broader plan to reduce costs globally, the company said. T... Read more
1 year ago
The investor is demanding that Ericsson clean up its act and eliminate losses. Activist investor Cevian Capital called Ericsson's third-quarter results "disappointing” and demanded changes be made, according to Bloomberg News. The call came after the telecom network provider reported profit th... Read more
2 years ago
Investor Cevian Capital urges Ericsson to take action and restore shareholder confidence following a recent bribery scandal. Ericsson's share price took an enormous blow. Value dropped by more than a third throughout last week. Investor Cevian Capital is calling on Ericsson to restore shareholde... Read more
2 years ago
