Telecomunicazioni
Ericsson divests its local customer support business in Russia
The customer support business is a local business engagement that does not involve the export of hardware, software, or related services to mobile operators in Russia .
Following Russia's invasion in Ukraine , Ericsson announced the suspension of operations and deliveries to customers in Russia and an orderly wind-down in accordance with applicable sanctions. Approximately 400 Ericsson employees in Russia have been notified of layoffs and have been leaving the company as operations have been discontinued.
Going into 2023, Ericsson expects to have a small presence in Russia on a local basis. A legal entity owned by Ericsson will continue to be registered to complete the wind-down and to fulfill legal, contractual, and administrative requirements.
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