Telia Co. to Cut 900 Jobs to Target $100 Million in Annual Savings

Key Facts

1Telecommunications operator Telia announced plans to cut 900 jobs, representing approximately 6.4% of its workforce.

2The company targets annual cost savings of $100 million through these cuts, which are expected to be finalized by year-end.

Telecommunications operator Telia announced plans to cut 900 jobs, representing approximately 6.4% of its workforce. The Wall Street Journal reported that the reduction is part of a restructuring plan designed to streamline the company's operations.

The company targets annual cost savings of $100 million through these cuts, which are expected to be finalized by year-end. This initiative aligns with Telia's broader goal to reduce annual expenditures by approximately $100 million before the end of 2026 while focusing on localized efficiency metrics.