Strong Company but Annual Layoffs are Brutal - Anonymous employee Ericsson Employee Review

The US branch of the company mandates annual layoffs of 10% or more for every department. There have been many extremely good people let go for no reason just to meet this number; they certainly were not laid off due to performance. Mandating that you eliminate 10% of your highly experience workforce year over year is disastrous, and the impacts are already being seen internally, yet the practice continues.