Ericsson (NASDAQ:ERIC) layoffs are a hot topic on Thursday as reports claim that the telecommunications giant is preparing to cut jobs. According to a company spokesperson, Ericsson is going to reduce its headcount by more than 200 employees. These job cuts are coming for workers based in its Chinese research and development division. Investors will note that these layoffs were announced shortly after the release of Ericsson’s Q1 earnings report. The company warned of headwinds in this latest report. Here’s ...