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Swedish telecoms operator Telia says to cut 3,000 jobs

Thursday, 21 November 2024

International Business

Swedish telecoms operator Telia says to cut 3,000 jobs

Swedish telecoms operator Telia said Wednesday it will cut 3,000 jobs as part of a cost-cutting drive that aims to generate approximately $250 million in annual savings.

“Subject to union negotiations, Telia aims to reduce its headcount by 3,000 positions during 2024,” the company said in a statement, or about 15 percent of its workforce. (BSS/AFP)

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