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 160 in Finland. 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.
TietoEVRY is a leading Nordic digital services and software company with headquarters in Helsinki. In Finland, the company has around 3,361 employees at 15 locations.
In early 2021, TietoEVRY relocated 160 jobs from Estonia to Finland (TietoEVRY- Finland-2021). In September 2021, the company announced recruitment for 500 people (TietoEVRY- Finland- 2021).
Eurofound (2022), TietoEVRY, Internal restructuring in Finland, factsheet number 106407, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106407.