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WEAKAI LAYOFF

Telia: 900 jobs cut

October 12, 2026SwedenTelecommunicationsTelia

Telia Company announced plans to reduce approximately 900 positions as part of a strategy to localize operations and achieve SEK 1 billion in annual gross savings. The restructuring is expected to be completed by the end of December 2026, pending union negotiations.

Conservative

0

Core Estimate

135

Upper Bound

315

Sources

Primarynews.cision.comOctober 12, 2026

Telia proposes further localization of operations and targets SEK 1 billion in annual gross savings - Telia Company

Telia proposes further localization of operations and targets SEK 1 billion in annual gross savings - Telia Company # Telia proposes further localization of operations and targets SEK 1 billion in annual gross savings Mon, Oct 12, 2026 07:30 CET Report this content - Intention to reduce approximately 900 positions across Telia and lower operating cost base with target of SEK 1 billion in annual gross savings - Proposal to transfer approximately 220 positions primarily from the common Techno

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wsj.comOctober 12, 2026

Telia Aims to Cut 900 Jobs to Save $100 Million Annually - WSJ

Telia Aims to Cut 900 Jobs to Save $100 Million Annually - WSJ ## The proposals are expected to have a net positive impact on free cash flow with full run-rate benefit from 2028 By Dominic Chopping Oct. 12, 2026 2:51 am ET The estimated restructuring charges aren’t expected to impact Telia’s financial outlook for 2026 or its midterm financial targets. ints kalnins/ STOCKHOLM— Telia Co. TELIA -3.75% decrease; red down pointing triangle aims to cut around 900 jobs, part of a plan to lower

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