Group 1: Company Overview - Ericsson plans to cut jobs in Sweden to enhance its competitive edge while safeguarding core technology investments [1][2] - The company has filed a formal notice with Swedish authorities regarding potential layoffs, estimating that up to 1,600 positions could be affected [2] - The workforce has been declining, with Ericsson reporting approximately 89,898 employees at the end of Q3 2025, down from 91,937 in June 2025 and nearly 96,000 a year earlier [3] Group 2: Strategic Rationale - The job reductions are aimed at lowering structural costs while continuing to advance critical network technology projects [3] - The decision follows a trend of decreasing employee count over the past year, indicating ongoing efficiency measures within the company [3] Group 3: Market Performance - Ericsson's stock has increased by over 9% in the past year, reflecting positive market sentiment [4] - During premarket trading, Ericsson shares rose by 1.28% to $9.50 [5] - Peers such as Nokia and Cisco are also experiencing similar market dynamics, indicating broader industry pressures [4]