The local subsidiary of the global telecommunications solution provider, Ericsson Nigeria, has sacked about 160 Nigerians, 55 permanent and 105 outsourced workers, making a total of 160 affected workers.

“Please be informed that effective December 4, 2016, your position has been declared redundant. We thank you for all your past services to Ericsson. Further information about the redundancy benefits will be communicated to you before the actual termination date,” Johan Jemdahi, the Managing Director of the company, said.

According to the Public Relations Manager, Sub-Saharan Africa, Toju Egbebi, the move was part of the company’s global cost and efficiency programme to achieve a net annual cost savings of Swedish Krona 9 billion, adding that the programme would continue till 2017. She further said the move is not limited to Nigeria alone, but was being carried out across 180 countries where the company had operations.

Read more at Nairametrics.

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