Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Pohjois-Suomi;
Location of affected unit(s)
Virkkala
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

55 jobs
Number of planned job losses
Job loss
Announcement Date
5 May 2004
Employment effect (start)
1 June 2004
Foreseen end date

Description

After cooperation negotiations with the personnel, the number of PMJ employees will be reduced by 55 people. Reductions will become effective starting from June 1 2004. These changes are aimed at improving cost-efficiency.


Sources

  • 5 May 2004: Helsingin Sanomat

Citation

Eurofound (2004), PMJ Automec, Internal restructuring in Finland, factsheet number 60323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60323.