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Schibsted ASA completes sale of news media operations

Schibsted ASA (“Schibsted” or “Schibsted Marketplaces”) today announces that the divestment of its news media operations to the Tinius Trust through Blommenholm Industrier AS (collectively the “Trust”) has been completed.

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Schibsted ASA initiates organisational changes and cost measures

Schibsted ASA (“Schibsted” or “Schibsted Marketplaces”) today announced the first steps to optimise costs and improve efficiency in the process of transforming into a more focused marketplaces company. On 24 June, Schibsted will enter into employee consultations regarding planned organisational changes that would reduce its workforce by an estimated 250 positions.

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Schibsted Marketplaces welcomes EC decision against Meta Platform

Today, the European Commission announced that it has adopted a decision finding that Meta violated EU competition rules in the markets for online classified ads. Schibsted Marketplaces has actively followed the procedure and given input to the Commission.

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