In the entire group of companies in 2024 it is planned to eliminate about 3,000 positions, thus reducing the number of personnel of the group of companies.
These layoffs are part of changes aimed at simplifying the company’s operations in the Nordic and Baltic countries.
Also, as part of the program, the group will decentralize most of the activities of the general units and move decision-making to each country. However, Telia Company companies will continue to be able to benefit from regional contracts that benefit customers and the benefits of economies of scale.
“We’re digitizing the business, decommissioning legacy systems, leveraging the breakthrough of artificial intelligence (AI) and attracting the best talent – this is our path to becoming a leading organization.” Unfortunately, growing investments and talent retention also lead to the need to optimize the number of jobs,” Telia Lietuvos manager Giedrė Kaminskaitė-Salters is quoted as saying in the report.
Talks with Telia Lietuvos’ trade unions are expected to be completed by mid-October, and the new organizational structure with fewer employees should take effect from 2024. December
Currently, Telia Lithuania employs about 1,900 employees.
Costs of Telia Lietuvos’ change program in 2024 will amount to about 1 million EUR 6.3 million is expected to be saved annually. euros.
Telia Company AB owns 88.15 percent. of “Telia Lietuva” shares.
2024-09-04 09:08:32