NEW DELHI: Swedish telecom gear company Ericsson is relocating its India headquarters to a smaller office amid pressure on revenue from consolidation in the country's telecom sector, which has pared the number of carriers and shrunk the employee base.Several people ET spoke with about Ericsson’s India operations, including its current and former employees, said the Stockholm-based firm has reduced headcount in the last one year or so across functions, in line with its global restructuring.While Ericsson denied taking any such action, a senior company executive said on condition of anonymity that “Ericsson is right-sizing for efficiencies of its operations and vacating the existing building”.At present, Ericsson’s India headquarters is spread over six floors in a building in Gurgaon developed by DLF , but an executive at the real estate major said the company is “shifting staff to a two-floored office measuring 100,000 sq ft in a nearby location in Cybercity".A spokeswoman for Ericsson India said the relocation is not related to any change in staff strength but is more to do with the need for renovation of the existing building."The length of time and extent of renovations required would impact the day-to-day working of our employees. We, therefore, took the decision to move to an office that is close to our customers," the spokeswoman said in an email reply to ET’s query.Eric s son, which is expected to vacate the current premises within six months, has been under severe pressure in India and globally in the face of stiff competition from Huawei and Nokia and falling telecom spends, and has been cutting jobs amid losses.The company cut about 10,000 jobs in the fourth quarter ended December, when it reported larger-than-expected global losses, with revenue dragged down by weak performance in India and other markets.Ericsson declined to provide employee break ups for India but its workforce across Southeast Asia, Oceania and India has shrunk steadily from 27,221 at the end of March 2017 to 24,495 at the end of the December, according to data on the company’s website.India, where the telecom sector has been hit by plunging revenue and profitability of telcos amid competition, has historically been among the key markets for Ericsson with the largest employee base globally.For the December quarter, Ericsson’s Southeast Asia, Oceania and India revenue was down 21% year-on-year in Swedish kroner, with that from networks falling by 25% due to lower network sales in markets such as India and an exit from a managed services contract in the country, the company had said in its earnings report. Its India business contributed 4% of net sales at Q4, compared with 5% a year earlier.In October 2017, some 4,000 of Ericsson’s India-managed services employees were sent back to client Reliance Communications , after the two ended a contract over non-payment of dues by the latter. RCom has since shut its wireless operations.Previously, ET had reported that Huawei Technologies, Ericsson's Chinese rival, had cut its direct workforce in India by a third due to network shutdowns and declining telecom sector business.