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.
Finnish postal and logistics services company Posti has initiated employer-employee negotiations in Finland to cut up to 236 positions. The negotiations concern employees in administration and service production. According to the company, in addition to the redundancies, there is a need for changing some permanent positions to part-time and temporarily laying off employees in service production.
Due to a decline in mail volumes, the company is reorganising its organisation to improve competitiveness and profitability. In the future, Posti will invest in new types of services, digitalisation and technical solutions.
Previous restructurings took place in 2016 (232 jobs lost in September and 680 in March) and 2015 (319 jobs lost).
Eurofound (2019), Posti, Internal restructuring in Finland, factsheet number 96668, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96668.