Ericsson (ERIC) disclosed Tuesday a consolidation of its global operating structure, targeting efficiencies.
The three regions of Europe and Latin America, North America, and the Middle East and Africa have been consolidated. The Americas is one market segment. Europe, the Middle East, and Africa represent the only other.
Alongside the rejig, the company said Fredrik Jejdling, its "long-serving" head of Networks, will step down on March 15. He will remain as an executive advisor until June 30.
Per Narvinger, the head of business area cloud software and services will replace Jejdling as of March 15. Jenny Lindqvist, head of Europe and Latin America, will take over from Narvinger.
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