Brief: Telia Lietuva Says Its Largest Shareholder Telia Company Plans To Reduce The Total Number Of Employees In Lithuania By About 400

Telia Lietuva AB

04/09/2024 06:37

Sept 4 (Reuters) - Telia Lietuva AB  TEL1L.VL :
    * TELIA LIETUVA SAYS IN LITHUANIA IT'S LARGEST SHAREHOLDER
TELIA
COMPANY GROUP PLANS TO REDUCE TOTAL NUMBER OF EMPLOYEES BY ABOUT
400 C. 200 AT TELIA LIETUVA AND REMAINING AT TELIA GLOBAL
SERVICES LITHUANIA
    * TELIA LIETUVA SAYS NEW ORGANIZATIONAL STRUCTURE WITH LESS
PERSONNEL WILL COME INTO EFFECT FROM DECEMBER 2024
    * TELIA LIETUVA SAYS ITS RESTRUCTURING CHARGES OF CHANGE
PROGRAM
IS EXPECTED TO AMOUNT TO C. EUR 1 MILLION WITH EXPECTED ANNUAL
SAVINGS OF EUR 6.3 MILLION

Source text for Workspace:  ID:nGNE4j36Rx 
 
Further company coverage:  TEL1L.VL 

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