Restructuring events
European Restructuring Monitor (ERM)
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.
Fujitsu Finland, the Finnish branch of Japaneese ICT-company Fujitsu, has initiated employer-employee negotiations which aim to cut 130 jobs. The redundancies are due to fewer orders than expected as well as lowered prices. 1,120 employees are concerned by the negotiations and Fujistu Finland must save a total of €6.5 million.
UPDATE 03/03/2016:Following concluded employer-employee negotiations 75 people will be made redundant at Fujistu Finland. The number of redundancies could be reduced through internal recruitment, pension arrangements and by scaling down the use of outsourcing.
Eurofound (2016), Fujitsu Finland, Internal restructuring in Finland, factsheet number 86376, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/86376.