Telenor cuts 3,000 new positions

Telenor headquarters, Bulgarian MPTelenor headquarters.Photo: Norway Today Media

Telenor will save a billion kroner and reduces staff globally. The group cuts 3,000 new positions after several staffing rounds in recent years.

Many Telenor employees are offered further education and skills enhancement, but technological changes are also pushing for cuts in the group, E24 writes. It is not known how many of the permanent positions are to be cut in Norway.

The workforce in Norway has been reduced by one third since 2016, according to CFO Jørgen A. Rostrup. The main reason is that customers are solving their problems themselves whether it is technical problems or subscription changes.

Now it’s also a lot about getting ready for the rollout of 5G and adjusting to trends like artificial intelligence, new user applications and cloud solutions.

From 2015 to 2019, the group in gross numbers has gone from 38,000 to 20,000 employees, according to E24.

In total, the company will save between NOK 3 and 4 billion gross in the period 2020-2022.

© NTB Scanpix / #Norway Today


1 Comment on "Telenor cuts 3,000 new positions"

  1. Very poor company specially tmb mircofinance bank they are not going well with their owun permint employee in Sindh Pakistan it’s to much rong behavior with ur owun employ every company is depends on his employer because empoloy are strength of each company shame on telenor microfinance bank rules & regulation.

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