Net Insight Announces Staff Reductions to Cut Costs

The listed network company Net Insight is announcing staff reductions. The costs are to be reduced by 25-30 million kronor per year, the company writes in a press release.

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Net Insight Announces Staff Reductions to Cut Costs
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Net Insight flagged cost savings already in connection with the interim report for the third quarter of the year.

"Immediate measures are being implemented to accelerate profitable growth, including reductions in non-personnel-related costs as well as costs related to personnel," the company writes and adds that the measures will have full effect by the end of 2025.

The number of employees affected is not disclosed.

"Given the temporary volume decline, we are taking proactive measures to ensure our long-term profitable growth," says CEO Crister Fritzson.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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