Type
Internal restructuring
Country
Finland
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

900 jobs
Number of planned job losses
Job loss
Announcement Date
28 October 2003
Employment effect (start)
Foreseen end date
1 December 2003

Description

Elisa announced new cooperation talks, after a first restructuring announcement affecting 190 employees in August 2003. The latest announcement will lead to a reduction of 900 jobs. This measure aims at rationalising functions of the organisation which overlap.

13 January 2003

As a result of the cooperation negotiations, the number of the personnel will decrease by 761 people. In addition to this, 142 fixed-term employments will be discontinued. There are 241 pension, voluntary and other solutions. The number of people to be made redundant is 520.


Sources

  • 28 October 2003: Helsingin Sanomat
  • 13 January 2004: Helsingin Sanomat

Citation

Eurofound (2003), Elisa, Internal restructuring in Finland, factsheet number 59446, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59446.