Telia

Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61.20 - Wireless telecommunications activities
150 jobs
Number of planned job losses
Job loss
Announcement Date
15 January 2023
Employment effect (start)
15 January 2023
Foreseen end date

Description

The telecommunications company Telia has initiated negotiations for the lay-offs of 150 employees in Sweden. The company has not yet specified which functions will be affected by the redundancies, nor in which parts of the country. Simultaneous cooperation negotiations have been initiated in Finland and Norway.

According to a company representative, Telia’s worked since 2021 to reduce staff costs by limiting recruitments and use of consultants. Telia is planning to continue cutting staff costs until 2025.

Telia operates in the Nordic and Baltic countries, employing 20,000 people, out of which 4,135 in Sweden.

Sources

Citation

Eurofound (2023), Telia, Internal restructuring in Sweden, factsheet number 108224, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108224.