Ericsson to Cut 8,500 Jobs Worldwide

A general view of an office of Swedish telecom giant Ericsson is seen in Lund, Sweden, September 18, 2014. REUTERS/Stig-Ake Jonsson/TT News Agency/File Photo
A general view of an office of Swedish telecom giant Ericsson is seen in Lund, Sweden, September 18, 2014. REUTERS/Stig-Ake Jonsson/TT News Agency/File Photo
TT

Ericsson to Cut 8,500 Jobs Worldwide

A general view of an office of Swedish telecom giant Ericsson is seen in Lund, Sweden, September 18, 2014. REUTERS/Stig-Ake Jonsson/TT News Agency/File Photo
A general view of an office of Swedish telecom giant Ericsson is seen in Lund, Sweden, September 18, 2014. REUTERS/Stig-Ake Jonsson/TT News Agency/File Photo

Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.

Ericsson, which had a total of 105,000 employees at the end of 2022, last month posted disappointing full-year 2022 earnings, as operators slow spending on rolling out the latest 5G networks due to the global economic slowdown and rising inflation.

The Swedish company said most of the layoffs would be implemented in the first half of 2023 and the rest in 2024, as it accelerated its $860 million cost saving plan announced late last year.

"We see potential to simplify and become more efficient across the company, especially in structural costs. But we are also working on our service delivery, supply, real estate and IT," spokeswoman Jenny Hedelin told AFP.

"It will, however, unfortunately also result in a need to address headcount. We believe a total of 8,500 positions will be affected", she said.

Ericsson said 1,400 of the job cuts were in Sweden, which had already been announced earlier this week.

For 2022, the group posted a 17 percent drop in net profit to 19.1 billion kronor ($1.8 billion).

Announcing those earnings in January, chief executive Borje Ekholm said the near-term outlook was "uncertain".

He said Ericsson had already begun to sense at the end of last year that network operators wanted to reduce assets and that it expects this to continue at least through the first half of 2023.

The company said Friday it expected to start seeing the effect of its cost savings plan from the second quarter of 2023.



Blogs to Bluesky: Social Media Shifts Responses after 2004 Tsunami

Teuku Hafid Hududillah, 28, an Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) officer, shows the seismograph system that recorded the 9.1 magnitude quake on the 2004 Indian Ocean earthquake and tsunami, at the monitoring station in Aceh Besar, Aceh, Indonesia, December 23, 2024. (Reuters)
Teuku Hafid Hududillah, 28, an Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) officer, shows the seismograph system that recorded the 9.1 magnitude quake on the 2004 Indian Ocean earthquake and tsunami, at the monitoring station in Aceh Besar, Aceh, Indonesia, December 23, 2024. (Reuters)
TT

Blogs to Bluesky: Social Media Shifts Responses after 2004 Tsunami

Teuku Hafid Hududillah, 28, an Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) officer, shows the seismograph system that recorded the 9.1 magnitude quake on the 2004 Indian Ocean earthquake and tsunami, at the monitoring station in Aceh Besar, Aceh, Indonesia, December 23, 2024. (Reuters)
Teuku Hafid Hududillah, 28, an Indonesia's Meteorology, Climatology and Geophysics Agency (BMKG) officer, shows the seismograph system that recorded the 9.1 magnitude quake on the 2004 Indian Ocean earthquake and tsunami, at the monitoring station in Aceh Besar, Aceh, Indonesia, December 23, 2024. (Reuters)

The world's deadliest tsunami hit nations around the Indian Ocean two decades ago before social media platforms flourished, but they have since transformed how we understand and respond to disasters -- from finding the missing to swift crowdfunding.

When a 9.1-magnitude quake caused a tsunami that smashed into coastal areas on December 26, 2004, killing more than 220,000 people, broadcasters, newspapers and wire agencies were the main media bringing news of the calamity to the world.

Yet in some places, the sheer scale took days to emerge.

Survivor Mark Oberle was holidaying in Thailand's Phuket when the giant waves hit Patong beach, and penned a blog post to fend off questions from family, friends and strangers in the days after the disaster.

"The first hints of the extent were from European visitors who got text messages from friends back home," said Oberle, adding people initially thought the quake was local and small, when its epicenter was actually near western Indonesia, hundreds of miles away.

"I wrote the blog because there were so many friends and family who wanted to know more. Plus, I was getting many queries from strangers. People were desperate for good news tales," said the US-based physician, who helped the injured.

The blog included images of cars ploughed into hotels, water-filled roads and locals fleeing on scooters because rumors produced "a stampede from the beach to higher ground".

Bloggers were named "People of the Year" by ABC News in 2004 because of the intimacy of first-hand accounts like those published in the days following the tsunami.

But today billions can follow major events in real-time on social media, enabling citizen journalism and assistance from afar, despite the real risk of rumor and misinformation.

During Spain's worst floods for decades in October, people voluntarily managed social media accounts to assist relatives trying to locate their missing loved ones.

After Türkiye's devastating earthquake last year, a 20-year-old student was rescued thanks to a post of his location while buried under the rubble.

- 'Fast picture' -

Two decades ago, the online social media landscape was vastly different.

Facebook was launched early in 2004 but was not yet widely used when the tsunami hit.

One of YouTube's founders reportedly said an inspiration for the platform's founding in early 2005 was an inability to find footage of the tsunami in its aftermath.

Some tsunami images were posted on photo site Flickr. But X, Instagram and Bluesky now allow for instant sharing.

Experts are clear that more information saves lives -- hours lapsed between the tremor's epicenter near Indonesia and the giant waves that crashed into Sri Lanka, India and Thailand's coastal areas.

Daniel Aldrich, a professor at Northeastern University, conducted interviews in India's Tamil Nadu where many said they had no idea what a tsunami was and had no warnings in 2004.

"In India alone nearly 6,000 people were taken by surprise and drowned in that event," he said.

Mobile apps and online accounts now quickly publicize information about hospitals, evacuation routes or shelters.

"Social media would have provided an immediate way to help locate other survivors and get information," said Jeffrey Blevins, head of journalism at the University of Cincinnati.

Oberle also noted that "knowing what help was locally available... would have provided a clearer perspective of what to expect in the days to come".

- Citizen science -

Beyond emergency rescue, social media clips can also be a boon to understanding a disaster's cause.

When giant waves crashed into Indonesia's Aceh province, footage remained largely confined to handheld camcorders capturing the carnage.

Fast forward to 2018, when a quake-tsunami hit Indonesia's Palu city, killing more than 4,000 people, enough videos were taken on smartphones that scientists researching seismic activity were later able to use the clips to reconstruct its path and time between waves.

The piece of citizen science in 2020 used amateur videos to conclude it happened so fast because of underwater landslides close to shore.

But it's not all good news.

Scholars warn that disinformation and rumors have also hindered disaster responses.

When Hurricane Helene struck North Carolina in September, relief efforts were disrupted as tensions between locals and emergency workers rose over unfounded rumors including a higher hidden death toll and diverted aid.

Workers faced reported threats from local armed militias.

"This information was so malicious that FEMA (Federal Emergency Management Agency) had to withdraw its teams from the area," said Aldrich.

"Social media has absolutely altered the field of disaster response for the good and the bad."

Yet perhaps the biggest change -- the free flow of information to the vulnerable -- has been beneficial.

Laura Kong of the Honolulu-based International Tsunami Information Center recently recalls how "2004 was such a tragedy".

"Because... we might have known there was an event, but we didn't have a way to tell anyone."