Updated: Today 07:47 Published: Today 07:44
Telia is notifying 3,000 employees, the company writes in a press release.
The company is starting a change program with the goal of saving 2.6 billion a year.
– This is a tough decision, but one that is necessary to ensure Telia’s long-term success, says Patrik Hofbauer, Telia Company’s President and CEO.
The positions notified are both employees and resource consultants. In Sweden, 1,400 positions are affected. The company has already this year reduced its workforce by 455 positions and the planned reductions are supposed to be implemented before December 1.
– I foresee that the change program will not only result in a company that is simpler and faster in decision-making and commercial execution, but also help us grow our business and generate enough cash flow to make the necessary investments and cover our dividend , says Patrik Hofbauer.
Telia also states that it will support the colleagues who will leave Telia.