NASDAQ Stockholm: SKF.B

How many employees work at SKF?

SKF AB (SKF.B) has approximately 37,338 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. SKF’s total headcount has declined 2.3% from 38,226 employees in 2023 to 37,338 in 2026.

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

Is SKF hiring right now?

Yes, SKF is actively hiring. SKF had 527 active job postings in 2026, a 56.8% increase from 2025 see job openings & hiring trends.

About SKF’s Workforce

SKF AB (SKF.B) is an Industrial Manufacturing company that employs 37,338 people worldwide as of March 2026. It is the 9th-largest by headcount among its peers. Founded in 1907, the company is headquartered in Goteborg, Sweden and trades on the NASDAQ Stockholm.

SKF's workforce has declined 2.3% from 2023 to 2026, down 0.8% year over year in 2026. Its workforce is concentrated most in South Asia (22.0%), followed by Western Europe (17.1%) and South America (11.9%).

SKF's functional groups are Finance and Operations (42.7%), Engineering (29.9%), and Sales and Marketing (27.4%). The average salary is $41,543, ranging from a median of $63,000 in Northern Europe to $7,000 in South Asia, down 1.8% year over year in 2026.

SKF's active job postings rose 56.8% in 2026 to 527, with new postings per month cooling from 350 in 2023 to 209 in 2026. Overall employee sentiment is neutral but improving.

Sourced from Revelio Labs workforce data.

Ticker
NASDAQ Stockholm: SKF.B
Headquarters
Goteborg, Sweden
Founded
1907
Industry
Industrial Manufacturing
Employees
37,338
YoY
-0.8% (-11)

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SKF Annual Employee Count (2023-2026)

Interactive chart of SKF annual worldwide employee count from 2023 to 2026.
  • SKF had 37,338 employees in 2026, a 0.8% decline (-11) from 2025.
  • SKF had 37,350 employees in 2025, a 0.7% decline (-32) from 2024.
  • SKF had 37,382 employees in 2024, a 0.3% decline (-164) from 2023.
  • SKF had 37,546 employees in 2023, a 0.3% decline (-469) from 2022.

SKF's total workforce has declined from 38,226 employees in 2023 to 37,338 in 2026.

SKF AB quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q137,338-11-0.8%
2025Q437,350-32-0.7%
2025Q337,487-142-0.8%
2025Q237,441-269-0.8%
2025Q137,349-127-0.5%
2024Q437,382-164-0.3%
2024Q337,629+29+0.2%
2024Q237,710-516-0.4%
2024Q137,476-517-0.2%
2023Q437,546-469-0.3%
2023Q337,600-508-0.5%
2023Q238,226+233+0.4%

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SKF Employee Count by Region (2026)

South Asia accounts for the largest share of SKF's global workforce with approximately 22% of total employees, followed by Western Europe and South America.

SKF employees by region

RegionEmployees% of Total
South Asia8,15422.0%
Western Europe6,30917.1%
South America4,41611.9%
East Asia3,91110.6%
Northern Europe3,3179.0%
North America3,3078.9%
Southern Europe2,2936.2%
Central America and the Caribbean1,5234.1%
Eastern Europe1,3463.6%
Southeast Asia1,2133.3%

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SKF Employee Count by Department (2026)

SKF's employee groups are Finance and Operations (42.7%), Engineering (29.9%), and Sales and Marketing (27.4%).

SKF employees by department

DepartmentEmployees% of Total
Finance and Operations15,74842.7%
Engineering11,02629.9%
Sales and Marketing10,12427.4%

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SKF Employee Salary by Region (2026)

SKF's average employee salary is $41,543 globally. Employees in Northern Europe receive the highest compensation, with median pay approximately 1.5x the global average. Pay is lowest in South Asia, at a median of $7,000.

SKF median employee salary by region (USD)

RegionMedian Salary
North America$79,000
Pacific Islands$67,000
Northern Europe$63,000
Western Europe$61,000
Arab States$53,000
East Asia$43,000
Southern Europe$38,000
Eastern Europe$29,000
Central and Western Asia$24,000
Central America and the Caribbean$19,000
Southeast Asia$16,000
Sub-Saharan Africa$13,000
South America$12,000
North Africa$11,000
South Asia$7,000

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SKF Job Openings and Hiring Trends (2023-2026)

Interactive chart of SKF annual active job postings from 2023 to 2026.
  • SKF had 527 active job postings in 2026, a 56.8% increase (+16) from 2025.
  • SKF had 511 active job postings in 2025, a 45.4% increase (+189) from 2024.
  • SKF had 322 active job postings in 2024, a 30.4% increase (+85) from 2023.
  • SKF had 237 active job postings in 2023, a 40.4% decline from 2022.
  • Hiring velocity in 2026: 209 new roles/month, down from 294 in 2025 and 334 in 2024.

SKF's active job postings rose 56.8% in 2026 to 527, with new postings per month cooling from 350 in 2023 to 209 in 2026.

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SKF Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across SKF's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About SKF

How fast is SKF growing?
In 2026, SKF's headcount shrank 0.8% to 37,338 employees, down from 37,349 in 2025.
See the full headcount history
Where are SKF employees located?
Most SKF employees are based in South Asia (22.0% of headcount), followed by Western Europe and South America.
Explore where the workforce is based
What is the average salary at SKF?
The average employee salary at SKF is approximately $41.5k per year.
Analyze the salary distribution
How many new job postings does SKF open per year?
In Q1 2026, SKF opened 626 new job postings. In 2025, SKF opened 3,527 new job postings — about 294 per month.
Track hiring trends by role
When was SKF founded and where is it headquartered?
SKF was founded in 1907 and is headquartered in Goteborg, Sweden.
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