Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Sweden and Finland
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

800 jobs
Number of planned job losses
Job loss
200 jobs
Number of planned job creations
Job creation
Announcement Date
3 February 2011
Employment effect (start)
Foreseen end date

Description

The Swedish telecommunications company TeliaSonera announced on 3 February 2011 that it intended to make 800 job cuts in Sweden and Finland as part of a major restructuring operation. It expects to make 640 redundancies in Sweden and 165 in Finland. At the same time, some 200 new jobs are expected to be created in other business areas. The jobs cuts will affect staff in the company's fixed broadband division.


Sources

  • 3 February 2011: Associated press

Citation

Eurofound (2011), TeliaSonera, Internal restructuring in European Union, factsheet number 71580, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71580.