Swedish telecom Telia plans to cut 15% of its workforce (3,000 jobs) by 2024, aiming to save $250M annually.

Telia, a Swedish telecommunications company, plans to cut 3,000 jobs, about 15% of its workforce, as part of a cost-saving strategy aimed at saving approximately $250 million annually. The layoffs are expected to be finalized by 2024, subject to union negotiations. This action is part of a broader effort to restructure the company and improve financial efficiency.

September 04, 2024
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