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.
Information / Computing Computing infrastructure, data processing, hosting and other information service activities Computing infrastructure, data processing, hosting and other information service activities 63 - Computing infrastructure, data processing, hosting and other information service activities
32 jobs Number of planned job losses
Announcement Date
11 December 2014
Employment effect (start)
Foreseen end date
Description
Finnish information services company M-Brain has announced the reduction of 32 jobs after the conclusion of employer-employee negotiations in Finland. The reductions are spread over different divisions of the company: 1 person is cut from M-Brain Oy, 10 from M-Brain Insight, 14 from M-Brain Media and 7 from the Global Intelligence Alliance Group. The reductions are due to M-Brain's recent acquisition of the Global Intelligence Alliance Group which demanded restructuring of the company.
Sources
11 December 2014: Taloussanomat
Citation
Eurofound (2014), M-Brain, Merger/Acquisition in Finland, factsheet number 78046, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78046.
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