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/JG4nRh8