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News  ›  GlobeNewswire Inc.

Telecom workers fight for jobs and national security – Steelworkers

GlobeNewswire Inc. Logo GlobeNewswire Inc. By United Steelworkers Union
Telecom workers fight for jobs and national security – Steelworkers

Ericsson plans to lay off over 100 telecommunications workers in Canada and move their jobs to India, sparking criticism from labor unions and opposition politicians who argue the move threatens national security and job stability.

Insights
AMZN   neutral

Mentioned as an upcoming earnings report that could help reduce market volatility


ERIC   negative

Company is eliminating over 100 Canadian jobs and moving them to India during workers' unionization efforts, which is perceived as harmful to local workforce and potentially compromising national technological infrastructure