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.
The Finnish healthcare company Pihlajalinna has launched cooperation negotiations that may lead to up to 270 job losses.
The negotiations cover about 2,100 of Pihlajalinna’s total workforce of around 4,500 employees and concern healthcare service employees across the entire country. The cooperation negotiations will continue for a minimum of three weeks.
The company has explained the need for the negotiations and job cuts due to exceptionally weak demand in the healthcare market and a broader economic uncertainty in the sector as a whole.
Updated, 05/05/2026: Pihlajalinna’s change negotiations, covering about 2 100 employees, concluded in early May 2026, with the company announcing a reduction of roughly 220 jobs in its health‑service division. The company said the cuts would eliminate redundant work and clarify its organisational structure, while also creating new positions, though the number of new roles has not been disclosed.
Eurofound (2026), Pihlajalinna, Internal restructuring in Finland, factsheet number 204539, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204539.
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