NASDAQ Stockholm: EVO

How many employees work at Evolution?

Evolution AB (EVO) has approximately 11,397 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Evolution's total headcount has declined 17.5% from 13,809 employees in 2023 to 11,397 in 2025.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026

Evolution is hiring

Is Evolution hiring right now?

Yes, Evolution is actively hiring. Evolution had 215 active job postings in 2025, a 18.9% decline from 2024 see job openings & hiring trends.

About Evolution's Workforce

Evolution AB (EVO) is a Media and Entertainment company that employs 11,397 people worldwide as of December 2025. It is the 3rd-largest by headcount among its peers. Founded in 2006, the company is headquartered in Sweden and trades on the NASDAQ Stockholm.

Evolution AB's workforce has declined 17.5% from 2023 to 2025, down 12.4% year over year in 2025. It fell to a low of 11,397 in 2025 Q4 before recovering. Its workforce is concentrated most in Georgia (29.0%), followed by Latvia (13.8%) and Malta (10.1%), with Brazil, its fastest-growing location.

Evolution AB's largest functional groups are Engineering (45.3%), Finance and Operations (41.1%), and Sales and Marketing (13.6%). Median employee tenure is 2.7 years. The average salary is $25,985, ranging from a median of $43,000 in Northern America to $6,000 in Central and Western Asia.

Evolution AB's active job postings fell 18.9% in 2025 to 215, with new postings per month cooling from 551 in 2023 to 143 in 2025. Overall employee sentiment is negative and declining.

Sourced from Revelio Labs workforce data.

As of December 2025

Evolution
workforce metrics

Headcount

11.4k

12.4% YoY

Avg. Salary

$26k

1.1% YoY

Tenure

2.7yr

0.1yr YoY

Growth Rate

-12.4%

5.6pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of Evolution annual worldwide employee count from 2023 to 2025.
  • Evolution had 11,397 employees in 2025, a 12.4% decline (-1,500) from 2024.
  • Evolution had 12,897 employees in 2024, a 6.7% decline (-896) from 2023.
  • Evolution had 13,793 employees in 2023, a 1.4% decline (-194) from 2022.

Evolution's total workforce has declined from 13,809 employees in 2023 to 11,397 in 2025. Evolution's headcount peaked at 13,815 in 2024.

Evolution AB — quarterly employee count (20232025)

YearQtrEmployeesYoY ChangeYoY %
2025Q411,397-1,500-12.4%
2025Q311,775-1,428-11.4%
2025Q212,268-1,428-11.0%
2025Q112,620-1,195-9.0%
2024Q412,897-896-6.7%
2024Q313,203-474-3.5%
2024Q213,696+16+0.1%
2024Q113,815+6+0.0%
2023Q413,793-194-1.4%
2023Q313,677-285-2.1%
2023Q213,680-39-0.3%
2023Q113,809+363+2.7%

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Georgia accounts for the largest share of Evolution's global workforce with approximately 29% of total employees, followed by Latvia and Malta. Evolution's headcount in Brazil is growing fastest among its major locations, up 22.5% year over year in 2025.

Evolution employees by country — 2025

CountryEmployees% of TotalYoY %
Georgia3,29629.0%-8.2%
Latvia1,57213.8%-6.1%
Malta1,15310.1%-4.0%
United States9398.3%-5.4%
Romania6205.5%-6.9%
Spain5374.7%-17.0%
Brazil3282.9%+22.5%
Bulgaria2852.5%-7.4%
Poland2702.4%-0.7%
Canada2422.1%-12.5%

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Evolution's largest employee groups are Engineering (45.3%), Finance and Operations (41.1%), and Sales and Marketing (13.6%).

Evolution employees by department — 2025

DepartmentEmployees% of TotalYoY %
Engineering5,08145.3%-6.7%
Finance and Operations4,60941.1%-5.6%
Sales and Marketing1,52413.6%-4.6%

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Evolution's average employee salary is $25,985 globally. Employees in Northern America receive the highest compensation, with median pay approximately 1.7x the global average. Pay is lowest in Central and Western Asia, at a median of $6,000.

Evolution median employee salary by region — 2025 (USD)

RegionMedian Salary
Western Europe$45,000
Pacific Islands$44,000
Northern America$43,000
Northern Europe$32,000
Arab States$30,000
Southern Europe$26,000
Eastern Europe$19,000
Eastern Asia$18,000
Central America and the Caribbean$17,000
Sub-Saharan Africa$9,000
Southern America$8,000
South-Eastern Asia$8,000
Northern Africa$6,000
Central and Western Asia$6,000
Southern Asia$6,000

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Interactive chart of Evolution annual active job postings from 2023 to 2025.
  • Evolution had 215 active job postings in 2025, a 18.9% decline (-45) from 2024.
  • Evolution had 260 active job postings in 2024, a 59.1% decline (-218) from 2023.
  • Evolution had 478 active job postings in 2023, a 64.1% increase from 2022.
  • Hiring velocity in 2025: 143 new roles/month, down from 229 in 2024 and 551 in 2023. New metric

Evolution's hiring is slowing: active job postings fell 18.9% in 2025 to 215, with new postings per month cooling from 551 in 2023 to 143 in 2025.

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Revelio Labs tracks employee sentiment across Evolution's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2025.

Overall

NegativePositive

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How fast is Evolution growing?
In 2025, Evolution's headcount shrank 12.4% to 11,397 employees, down from 12,897 in 2024.
Where are Evolution employees located?
Most Evolution employees are based in Georgia (29.0% of headcount), followed by Latvia and Malta.
What is the average salary at Evolution?
The average employee salary at Evolution is approximately $26k per year.
How many people does Evolution hire per year?
In 2025, Evolution opened roughly 1,716 new roles — about 143 per month.
When was Evolution founded and where is it headquartered?
Evolution was founded in 2006 and is headquartered in Sweden.

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