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.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.13 - Production of meat and poultry meat products
123 jobs Number of planned job losses
Announcement Date
6 March 2013
Employment effect (start)
Foreseen end date
31 December 2013
Description
Food processing company HKScan has announced a restructuring process affecting 123 employees (49 dismissals) in Finland. The restructuring plan is going to be implemented by the end of 2013 and is the outcome of negotiations with employee representatives. Apart from the direct (49) dismissals other measures affecting 74 employees include retirement schemes and pause of contract extensions. HKScan employs approximately 2,400 people in Finland and seeks to save 5 million Euros annually. As part of the reorganization process, another 145 employees will be affected in terms of changes in their job description.
Sources
6 March 2013: Taloussanomat
7 January 2013: YLE News
7 January 2013: Taloussanomat
Citation
Eurofound (2013), HKScan, Internal restructuring in Finland, factsheet number 74733, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74733.
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