Talking about 2017... Also, any layoff plans for 2018?

Tada... In a bid to shed non-profitable operations, Stockholm-based contracting giant Skanska AB will reduce its global workforce by 3,000, new CEO Anders Danielsson said on Feb. 2. In a quarterly results call, he told investors he was “not... — read more 

Looks like our home-branch is in some serious financial trouble. 3,000 laid off employees worth financial trouble. I just hope this doesn't spill over to our side... — read more 

So, I get the business need, I do understand that Skanska has to cut jobs and downsizing needs to happen. What I do not understand is why the executive pay keeps going up while layoffs are happening and people are losing jobs. And, Skanska is not the... — read more 

This is what they said "adjusting staffing structure to correct inefficiencies and redundancies to reduce business costs."