Oslo, Jan 22, 2025 (AFP) - Norway's Schibsted Media to cut 13 percent of workforce

NAMPA / AFP

2025-01-22

Norwegian media group Schibsted Media, owner of major newspapers in Norway and Sweden, said Wednesday that it was cutting 13 percent of its workforce in the face of falling print circulations and stagnating advertising revenue. Around 350 full-time staff positions will be cut by the group, which currently has some 2,800 employees in Norway, Sweden, Finland and Poland, it said in a statement. Founded in 1839, Schibsted publishes Norwegian tabloid......

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