Per Norlander, a union representative at Ericsson, says the company is free to distribute money but finds it "problematic" that this is happening at the same time it has laid off 1,600 jobs in Sweden.
It becomes disproportionate when you save money for the future while cutting investment in the present.
This is some kind of short-termism. We don't see the willingness to invest in what the company will do after 2029, he says.
According to Norlander, the cuts are likely to hit what he calls future operations hard.
They are cutting the engine that will drive the company forward in three or four years, and that is worrying.
