Technology

Swedish telecoms operator Telia says to cut 3,000 jobs

Published September 4, 2024 Updated September 4, 2024 11:56am
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STOCKHOLM: 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.

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“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.