Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Etelä-Suomi; Kymenlaakso
Location of affected unit(s)
Kouvola
Sector
Public Administration And Defence
Public Administration And Defence; Compulsory Social Security
Provision Of Services To The Community As A Whole
84.2 - Provision of services to the community as a whole

320 jobs
Number of planned job losses
Job loss
Announcement Date
8 January 2014
Employment effect (start)
16 February 2014
Foreseen end date
31 December 2014

Description

The town of Kouvola has announced that it will reduce its workforce by at least 320 employees by the end of 2014. As reported the town seeks annual savings of EUR 20 million. Further job cuts have not been ruled out. 


Sources

  • 8 January 2014: YLE News

Citation

Eurofound (2014), Kouvola, Internal restructuring in Finland, factsheet number 76440, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76440.