10 More Crushing 2012 Tech Industry Layoffs


Ericsson

CEO: Hans Vestberg

Ericsson is still the world's biggest telecom company, but back in March, it confirmed plans to slash some 10 percent of its U.S. workforce, or about 1,400 total jobs. Several reports quoted Ericsson sources as saying the company was targeting its lowest-performing employees and would cut from the bottom.