Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Länsi-Suomi;
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61.1 - Wired telecommunications activities

70 jobs
Number of planned job losses
Job loss
Announcement Date
29 August 2012
Employment effect (start)
Foreseen end date

Description

Anvia, a Finnish operator wired telecommunication services, has announced redundancies of up to 70 employees. The company is initiating negotiations with employee representatives on the cuts.

As reasons for the proposed redundancies Anvia cites economic downturn, reduced demand for fixed-line phone services, and increased competition from wireless broadband services. 


Sources

  • 29 August 2012: YLE News
  • 29 August 2012: Taloussanomat

Citation

Eurofound (2012), Anvia, Internal restructuring in Finland, factsheet number 74051, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74051.