New Delhi, Jan. 23 -- Swedish telecoms equipment maker Ericsson expects to continue laying off employees as part of its ongoing cost-cutting and restructuring efforts, CEO Borje Ekholm said on Friday.

"You have seen that we have reduced the headcount, for example, by 5,000 over the past year, and we expect to continue reducing headcount going forward," Ekholm was quoted as saying in a post-earnings call by Reuters.

Earlier this year, Ericsson announced plans to cut up to 1,600 jobs in its home country of Sweden, a move aimed at ensuring the company's competitive position, the firm said in a press release.

These cost-saving measures have helped the company maintain profitability and deliver strong earnings, even as telecom operators con...