Telia Lietuva plans up to 85 job cuts in December 2026 restructuring
Bitget2026/10/12 05:30- Telia Lietuva plans up to 85 redundancies in December 2026 as it restructures operations across all units.
- About 12 new roles will be created; the final layoff count depends on how many affected staff move into them.
- Consultations with trade unions have begun; severance will follow Lithuania’s Labor Code with extra payments for staff with over 10 years’ service.
- Move forms part of Telia Company’s Nordic-Baltic overhaul targeting about 900 job cuts, with completion targeted by end-2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays (BCS.US) bets on a merger between Tesla (TSLA.US) and SpaceX (SPCX.US) in December, but prediction markets give only a 19% probability.
Barclays analyst Levy predicts that Tesla and SpaceX may merge before December to achieve AI integration. However, data from Kalshi and Polymarket indicate that the probability of a short-term merger is very low, with the market favoring such a move after 2027.
Barclays (BCS.US) bearish on Dell (DELL.US): No inflection point in AI spending, memory costs are the main reason
Barclays has downgraded Dell from Overweight to Neutral and lowered the target price. The institution noted that corporate AI spending remains low and revenue growth is driven by memory shortages, which stands in stark contrast to Michael Dell’s optimistic outlook.
Sunway Healthcare Director Khoo Chow Huat Sells 200,000 Shares
Crypto prices
More
