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 / Computing 62 - Computer programming, consultancy and related activities 62.1 - Computer programming activities 62.10 - Computer programming activities
80 jobs Number of planned job losses
Announcement Date
20 April 2026
Employment effect (start)
1 June 2026
Foreseen end date
1 December 2026
Description
Qt Group, a Finnish software company, has announced a reduction of about 200 jobs globally, including a maximum of 80 positions in Finland. The company, which employs 1 100 staff worldwide, of which 288 are in Finland (2025), will carry out extensive restructuring aimed at achieving approximately 20 million euros of annual cost savings and responding to market shifts while leveraging synergies from acquisitions. Cooperation negotiations began in late April 2026 and are expected to take six weeks. The negotiations cover all of the company's staff in Finland and all locations.
Citation
Eurofound (2026), Qt Group, Internal restructuring in Finland, factsheet number 300234, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300234.