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Thursday, 5 September 2024

Sweden's biggest telecom company is cutting 3,000 jobs; here's what CEO said

Swedish telecom giant Telia is set to cut approximately 15% of its workforce as part of a cost-saving initiative aimed at reducing annual expenses by 2.6 billion Swedish crowns. CEO Patrik Hofbauer highlighted the necessity of this decision for the company's long-term success, with job cuts affecting employees both in Sweden and internationally.

from Times of India https://ift.tt/hSKvTe7
https://ift.tt/CTlEvPz
Swedish telecom giant Telia is set to cut approximately 15% of its workforce as part of a cost-saving initiative aimed at reducing annual expenses by 2.6 billion Swedish crowns. CEO Patrik Hofbauer highlighted the necessity of this decision for the company's long-term success, with job cuts affecting employees both in Sweden and internationally.
Swedish telecom giant Telia is set to cut approximately 15% of its workforce as part of a cost-saving initiative aimed at reducing annual expenses by 2.6 billion Swedish crowns. CEO Patrik Hofbauer highlighted the necessity of this decision for the company's long-term success, with job cuts affecting employees both in Sweden and internationally.
September 05, 2024 at 10:49PM

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