Azelio transforms to improve efficiency and reduce costs by SEK 150 million
To achieve a more efficient and agile organization, Azelio has decided to transform its organization and give notice to the Swedish Public Employment Service regarding 100 employees. The transformation is estimated to reduce costs by approx. SEK 150 million on an annualized basis. Since Jonas Wallmander assumed the CEO position on March 30, 2022, the board and management have carried out a thorough strategic review of the company and its operations. The review has been carried out in light of the current market situation and the demands the market puts on new innovative products, such as