Nordic telecommunications group Telia Sonera
said Monday it had given notice to 1,200 Swedish employees, dpa reported.
The move was in line with a cost-cutting package announced in February 2008,
and would mainly impact its broadband services.
A year ago, the group said it planned to cut 2,900 jobs of which two-thirds
were to impact Sweden.
The measure was estimated to cost some 3 billion kronor (378 million dollars)
of which slightly more than half was to be carried in 2008.
In all, the programme was aimed at creating savings of some 5 billion kronor,
the group said.
Northern Europe's largest telecommunications concern was formed through the
December 2002 merger of Sweden's Telia and Finland's Sonera, and employs some
27,000 people.
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