Reduction of employees
Reduction of employees LGP Telecom AB give notice to 50 collectively affiliated personell and 20 employees in Solna and Tullinge as well as 5 employees abroad. This is due to weak sales and profitability. The reason for this downturn is that two of LGP's large customer groups, the systems suppliers and the operators, have delayed their purchases until 3G network investments are expected to gain momentum. Several systems suppliers are also focusing on a reduction of their own inventories of components, thereby postponing their purchases of LGP products Negotiations with the unions have