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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72.1 - Research and experimental development on natural sciences and engineering
146 jobs Number of planned job losses
Announcement Date
10 June 2015
Employment effect (start)
Foreseen end date
Description
Natural resource institute, Luonnonvarakeskus, is letting go of 146 employees in Helsinki, Finland.
The layoffs will be done over the summer and in autumn. In addition to the direct dismissals, the workforce will be reduced through natural wastage and non-renewal of temporary contracts.
The main reason for the restructuring is the government's decision to cut Luonnonvarakeskus's funding by nearly EUR 15 million 2014-2016.
Sources
10 June 2015: www.iltalehti.fi
Citation
Eurofound (2015), Luonnonvarakeskus, Internal restructuring in Finland, factsheet number 83691, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/83691.
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