Swedish telecommunications firm LM Ericsson plans to close its Pittsburgh-area operation by the end of next year, cutting 250 jobs in the process.
The company has 70,000 employees in 175 countries and says it may try to relocate some of the employees from the Marshall Township operation about 15 miles north of the city.
The Marshall Township operation will be "transitioned and integrated" into other Ericsson sites. The company says workers will get a "competitive severance package" including job placement assistance.
Source: CNN Money
Saturday, November 22, 2008
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