NASDAQ Stockholm: NOTE

How many employees work at NOTE?

Note AB (NOTE) has approximately 1,563 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. NOTE’s total headcount has declined 8.9% from 1,716 employees in 2023 to 1,563 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is NOTE hiring right now?

Yes, NOTE is actively hiring. NOTE had 32 active job postings in 2026, a 3.2% increase from 2025 see job openings & hiring trends.

About NOTE’s Workforce

Note AB (NOTE) is an Electronics Manufacturing company that employs 1,563 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1999, the company is headquartered in Stockholm, Sweden and trades on the NASDAQ Stockholm.

NOTE's workforce has declined 8.9% from 2023 to 2026, down 0.9% year over year in 2026. It fell to a low of 1,556 in 2025 Q4 before recovering. Its workforce is concentrated most in Northern Europe (59.9%), followed by Southeast Asia (7.8%) and South Asia (7.5%).

NOTE's functional groups are Finance and Operations (48.9%), Sales and Marketing (28.8%), and Engineering (22.3%), with Sales and Marketing growing fastest (up 1.0%). The average salary is $45,404, ranging from a median of $62,000 in North America to $4,000 in South Asia, up 1.1% year over year in 2026.

NOTE's active job postings rose 3.2% in 2026 to 32, with new postings per month climbing from 15 in 2023 to 22 in 2026. Overall employee sentiment is negative and declining.

Sourced from Revelio Labs workforce data.

Ticker
NASDAQ Stockholm: NOTE
Headquarters
Stockholm, Sweden
Founded
1999
Industry
Electronics Manufacturing
Employees
1,563
YoY
-0.9% (-12)

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NOTE Annual Employee Count (2023-2026)

Interactive chart of NOTE annual worldwide employee count from 2023 to 2026.
  • NOTE had 1,563 employees in 2026, a 0.9% decline (-12) from 2025.
  • NOTE had 1,556 employees in 2025, a 1.5% decline (-24) from 2024.
  • NOTE had 1,580 employees in 2024, a 3.4% decline (-95) from 2023.
  • NOTE had 1,675 employees in 2023, a 0.6% increase (+5) from 2022.

NOTE's total workforce has grown from 1,556 employees in 2025 to 1,563 in 2026. NOTE's headcount peaked at 1,716 in 2023 before declining in 2025 and recovering through 2026.

Note AB quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q11,563-12-0.9%
2025Q41,556-24-1.5%
2025Q31,558-69-4.0%
2025Q21,559-99-4.4%
2025Q11,575-84-3.7%
2024Q41,580-95-3.4%
2024Q31,627-76-0.2%
2024Q21,658-58-0.1%
2024Q11,659-47-0.1%
2023Q41,675+5+0.6%
2023Q31,703+30+0.4%
2023Q21,716+54+1.4%

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NOTE Employee Count by Region (2026)

Northern Europe accounts for the largest share of NOTE's global workforce with approximately 60% of total employees, followed by Southeast Asia and South Asia.

NOTE employees by region

RegionEmployees% of Total
Northern Europe93459.9%
Southeast Asia1217.8%
South Asia1177.5%
North America946.0%
Central and Western Asia795.0%
East Asia754.8%
South America332.1%
Eastern Europe301.9%
Southern Europe281.8%
Sub-Saharan Africa120.8%

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NOTE Employee Count by Department (2026)

NOTE's employee groups are Finance and Operations (48.9%), Sales and Marketing (28.8%), and Engineering (22.3%).

NOTE employees by department

DepartmentEmployees% of Total
Finance and Operations70748.9%
Sales and Marketing41728.8%
Engineering32222.3%

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NOTE Employee Salary by Region (2026)

NOTE's average employee salary is $45,404 globally. Employees in North America receive the highest compensation, with median pay approximately 1.4x the global average. Pay is lowest in South Asia, at a median of $4,000.

NOTE median employee salary by region (USD)

RegionMedian Salary
Western Europe$70,000
North America$62,000
Arab States$50,000
Northern Europe$48,000
Pacific Islands$41,000
Southern Europe$39,000
Eastern Europe$31,000
East Asia$30,000
Central and Western Asia$19,000
South America$16,000
Sub-Saharan Africa$8,000
Central America and the Caribbean$7,000
Southeast Asia$5,000
South Asia$4,000

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NOTE Job Openings and Hiring Trends (2023-2026)

Interactive chart of NOTE annual active job postings from 2023 to 2026.
  • NOTE had 32 active job postings in 2026, a 3.2% increase (+8) from 2025.
  • NOTE had 24 active job postings in 2025, a 22.2% decline (-6) from 2024.
  • NOTE had 30 active job postings in 2024, a 10.5% increase (+3) from 2023.
  • NOTE had 27 active job postings in 2023, a 63.3% decline from 2022.
  • Hiring velocity in 2026: 22 new roles/month, up from 20 in 2025 and 18 in 2024.

NOTE's hiring is accelerating: active job postings rose 3.2% in 2026 to 32, with new postings per month climbing from 15 in 2023 to 22 in 2026.

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NOTE Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across NOTE's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About NOTE

How fast is NOTE growing?
In 2026, NOTE's headcount shrank 0.9% to 1,563 employees, down from 1,575 in 2025.
See the full headcount history
Where are NOTE employees located?
Most NOTE employees are based in Northern Europe (59.9% of headcount), followed by Southeast Asia and South Asia.
Explore where the workforce is based
What is the average salary at NOTE?
The average employee salary at NOTE is approximately $45.4k per year.
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How many new job postings does NOTE open per year?
In Q1 2026, NOTE opened 66 new job postings. In 2025, NOTE opened 238 new job postings — about 20 per month.
Track hiring trends by role
When was NOTE founded and where is it headquartered?
NOTE was founded in 1999 and is headquartered in Stockholm, Sweden.
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