Ericsson to pay $206 million fine, plead guilty to bribery violations — kklogy.com

[ad_1] Ericsson recently announced it is planning to cut 8,500 jobs as part of its cost-cutting measures. Nurphoto | Nurphoto | Getty Images Swedish telecommunications giant Ericsson agreed to pay a $206 million penalty and pleaded guilty to violating the anti-bribery provisions of the Foreign Corrupt Practices Act, U.S. prosecutors announced Thursday evening. Ericsson had […]

Ericsson to pay $206 million fine, plead guilty to bribery violations — kklogy.com
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