Ericsson sells employee bonus shares to cover tax costs

Ericsson will sell a portion of company shares that were set aside as bonuses for employees in a long-term reward scheme. The move is aimed at covering taxes and social security costs linked to those bonuses. Ericsson’s shareholders gave the green light for the company to sell up to 60 per cent of the shares

Ericsson Private 5G turbocharges Range Rover production at Solihull

Jaguar Land Rover’s (JLR) Solihull factory will soon begin building Range Rovers on a production line modernised by Ericsson Private 5G. This next-generation connectivity will transform JLR’s vehicle manufacturing, integrating AI automation, machine learning, and advanced production tools. JLR is replacing traditional wired networks to cut costly and time-consuming production processes, reducing lead times from