News

Telenor has announced that it will cut 400 jobs in Sweden, more than 15% of its workforce of 2,400 in the country. In addition, Telenor Sweden will terminate contracts with 135 consultants.



The company has said that it prefers to make arrangements with staff on a voluntary basis but has not ruled out compulsory redundancies.



Telenor's Lars-Åke Norling stated that due to falling revenues, the company needs to "reduce costs and work more effectively". It is not clear from the company's statements what the implications will be for workload, working conditions and hours for remaining staff.