FilingReader Intelligence

Polaris Media cuts 60 jobs at Swedish unit

August 11, 2025 at 11:19 AM UTCBy FilingReader AI

Polaris Media is cutting approximately 60 jobs at its Swedish subsidiary Stampen Media following weak financial performance in the first half of 2025.

The job cuts, effective from Q4 2025, will reduce annual costs by around SEK 45 million. Combined with earlier distribution business changes, total cost savings will reach approximately SEK 60 million annually.

The company reports Q2 2025 results on August 15th.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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