By country
Layoffs in Sweden
22 sourced layoff rounds at 17 companies in Sweden between May 2022 and May 2026: 43,507 people in the rounds where a number was given. Each one links to the article or filing it came from. The list covers what we have been able to source, not every cut in the country.
People affected
44K
Where a number was given
Companies
17
With a sourced round
Rounds
22
May 2022 → May 2026
Every round, newest first
- Truecaller−70(15% of workforce)
The Swedish caller ID company said it would cut 70 jobs after revenue and profit fell in the first quarter of 2026.
Consumer Tech · Source: TechCrunch
- Electrolux−3,000
Electrolux announced the elimination of 3,000 factory positions across Hungary, Italy, North America and Chile.
About the figure: Includes the Italian cuts listed separately.
Industrial & Manufacturing · Source: Eurofound European Restructuring Monitor
- Ericsson−1,600
Proposed cutting about 1,600 positions in Sweden as part of global measures to reduce costs.
Telecom · Source: Ericsson
- Scania−750
The truck maker announced 750 layoffs at its Södertälje base, in HR and commercial units.
Automotive · Source: Eurofound European Restructuring Monitor
- King−200
The Candy Crush studio planned 200 job cuts, hitting level design teams that had helped build its AI tools.
About the figure: The company cited efficiency; the AI link comes from sources and union accounts.
Gaming · Source: Eurofound European Restructuring Monitor
- SKF−1,700
The bearings maker planned about 1,700 job cuts, mainly support roles in Europe, alongside around 500 new hires.
Industrial & Manufacturing · Source: Eurofound European Restructuring Monitor
- Volvo Cars−3,000
Volvo Cars said it would cut around 3,000 mostly office-based jobs, about 15% of its office workforce, in a cost-cutting drive.
About the figure: Reported 15% is of the office-based workforce only, so percent left null.
Automotive · Source: CNBC
- Northvolt−4,000
The battery maker filed for bankruptcy in Sweden, the largest in the country's history, affecting all its Swedish units.
About the figure: Estimated number of workers affected by the bankruptcy.
Industrial & Manufacturing · Source: Eurofound European Restructuring Monitor
- Northvolt−1,600(20% of workforce)
Swedish battery maker halted work on a factory expansion and cut jobs in Sweden.
About the figure: Quote is the second half of a longer sentence.
Industrial & Manufacturing · Source: TechCrunch
- Telia−3,000
Telia announced 3,000 job cuts across Sweden, Finland, the Baltics and Norway.
Telecom · Source: Eurofound European Restructuring Monitor
- Ericsson−1,200
Ericsson announced 1,200 job cuts in Sweden after lower sales in 2023 and a weak outlook for 2024.
About the figure: Sweden only.
Telecom · Source: Eurofound European Restructuring Monitor
- Embracer Group−1,387(8% of workforce)
Embracer confirmed its restructuring programme had laid off 1,387 staff since June 2023, about 8 per cent of the group.
About the figure: Cumulative total for the programme that began in June 2023, as confirmed in February 2024.
Gaming · Source: TechRadar
- Spotify−1,500(17% of workforce)
Third cut of 2023, about 17% of staff (roughly 1,500 per CNBC); CEO Daniel Ek wrote that the cost structure was still too big after expanding the team in 2020 and 2021.
Media & Streaming · Source: Company letter
- Spotify−200(2% of workforce)
Spotify laid off 200 people in its podcast unit and merged the Parcast and Gimlet studios.
Media & Streaming · Source: CNN
- Autoliv−8,000
The car safety supplier said it would speed up cost reductions, especially in Europe, removing up to 8,000 positions.
About the figure: Up to 8,000.
Automotive · Source: Evertiq
- Ericsson−8,500(8% of workforce)
About 8% of 105,529 staff, part of a plan to reduce costs at a run-rate of 9 billion Swedish kronor by the end of 2023.
Telecom · Source: CNBC
- Spotify−600(6% of workforce)
First of three cuts in 2023.
Media & Streaming · Source: Company letter
- H&M−1,500
H&M said it would cut 1,500 jobs across its global operations to save 2 billion Swedish kronor a year.
Retail & Corporate · Source: The Guardian
- Husqvarna−1,000
The garden equipment maker opened negotiations on dismissing 1,000 people under a savings package after profits fell.
Industrial & Manufacturing · Source: Eurofound European Restructuring Monitor
- H&M Russianumber not given
H&M announced it would wind down its business in Russia after pausing sales there in March 2022.
About the figure: The company gave no number in its statement; press reports put its Russian workforce at about 6,000.
Retail & Corporate · Source: H&M Group press release
- Ikea Russianumber not given
Ikea said it would sell its Russian factories, close offices and reduce its workforce there after the invasion of Ukraine.
About the figure: No figure was given for the cuts; 15,000 is the total Russian workforce.
Retail & Corporate · Source: CNBC
- Klarna−700(10% of workforce)
CEO Sebastian Siemiatkowski told staff about 10% of employees across all domains would be affected.
Fintech · Source: TechCrunch
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