Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information technology company TietoEVRY is planning to cut 600 jobs in Nordic countries, out of which up to 250 in Sweden. The company has initiated consultations with trade unions in each country. Job reductions will be completed by the end of 2022 and will mainly affect administrative positions.
TietoEVRY has launched an efficiency program, aimed at saving 50 million euros each year to invest in automation. TietoEVRY pledges to offer workers reskilling opportunities and possibilities for internal mobility across the company.
In September 2020, TietoEVRY laid off 160 staff in Sweden in the process of the merger between the Finnish Tieto and the Norwegian EVRY (TietoEVRY 2020 SE).
TietoEVRY is a leading Nordic digital services and software company with headquarters in Helsinki, Finland, and operates at 24 locations in Sweden. At the end of 2020, the company counted over 24,000 employees globally and 2,351 in Sweden.
Eurofound (2022), TietoEVRY, Internal restructuring in Sweden, factsheet number 106384, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106384.