20 July 2023 at 07:50 Viaplay lays off more than 25 percent of its employees Swedish Viaplay is struggling to get enough customers and is laying off more than 25 percent of its employees. – We have had to make a number of immediate decisions out of consideration for the future of the business. Unfortunately, that means laying off more than 25 percent of the employees, Viaplay CEO Jørgen Madsen Lindemann writes in the company’s half-yearly report. – This is because of the significant change in the international business plans, and the fact that not all the content investments we have made are paying off, he continues. A week ago, Viaplay revised down its forecasts sharply, which resulted in a sharp drop in the share price. – A review of the business has shown significantly weaker future prospects for turnover and earnings, especially for activity in the Nordics, it was said then. (NTB)
ttn-69
Viaplay lays off more than 25 percent of its employees – Latest news – news
