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A maker of broadband and mobile network equipment, its kit is installed all over the UK.
The cuts follow Nokia Siemens's $1.2 billion purchase of Motorola's mobile network equipment business in July 2010, which added staff.
The company said profits improved in its mobile network equipment business, while its fixed-line equipment division managed to reduce its losses.
Ericsson, which has 45percentt of the $35 billion market for mobile network equipment and software, said the downturn had been driven by weaker-than-expected demand in the United States and Europe.
On Friday, Sony Ericsson, a handset maker owned by Sony and Ericsson, the Swedish mobile network equipment maker, reported a loss as quarterly sales for the venture plunged 24percentt.
BERLIN — Ericsson, the world's biggest maker of mobile network equipment, said on Thursday that it would take a sizable charge against earnings to write down the value of ST-Ericsson, an unprofitable venture that makes cellphone components.
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He added that doing so could run the risk of causing communication problems with the mobile networks' equipment.
The main makers of mobile-network equipment, the Chinese excepted, have now given up making handsets.
See articleInvestors generally welcomed Nokia's decision to buy Siemens's share of the pair's mobile-network equipment venture.
On May 15th the European Commission agreed "in principle" to investigate the dumping of and subsidies for Chinese mobile-network equipment, of which the EU imports just over €1 billion-worth ($1.3 billion) a year.
Ceragon Networks announced that Digitel Mobile Philippines will invest an additional $9 million in Ceragon's mobile backhaul network equipment in an ongoing expansion of Digitel's 2G/3G cellular services.
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