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 / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.01 - Computer Programming Activities
138 - 158 jobs Number of planned job losses
Announcement Date
26 June 2024
Employment effect (start)
9 August 2024
Foreseen end date
Description
The software development company Fujitsu Finland concluded change negotiations, which will result in the termination of 158 jobs. In addition, the company announced temporary layoffs of 20 persons. In the change negotiation process, staff reductions were brought down from the original estimate of 190 direct dismissals. The parties to the negotiations have also identified twelve positions that could potentially be filled by staff at the risk of redundancy.
The change negotiations followed a 10% drop in turnover in 2023 and the need for restructuring was announced in June 2024.
Fujitsu Finland previously implemented temporary layoffs of 1,222 staff between November 2022 and March 2023.
Fujitsu Finland, a subsidiary to the multinational Fujitsu Services Holdings, had 1,517 staff at the end of 2023.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
