Mälarenergi cuts 40 jobs, hires 8 in competency shift despite strong profit

Swedish utility Mälarenergi is eliminating 40 positions while adding eight new ones, citing a needed competency shift. The move follows a profit exceeding half a billion kronor last year, indicating a strategic restructuring rather than financial distress. This signals a broader trend of energy firms reallocating talent toward new technologies, though the specific areas of hiring are unspecified.