Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.09 - Other information technology and computer service activities

250 jobs
Number of planned job losses
Job loss
Announcement Date
17 February 2022
Employment effect (start)
17 February 2022
Foreseen end date
31 December 2022

Description

Information technology company TietoEVRY is planning to cut 600 jobs in Nordic countries, out of which up to 250 in Sweden. The company has initiated consultations with trade unions in each country. Job reductions will be completed by the end of 2022 and will mainly affect administrative positions.

TietoEVRY has launched an efficiency program, aimed at saving 50 million euros each year to invest in automation. TietoEVRY pledges to offer workers reskilling opportunities and possibilities for internal mobility across the company.

In September 2020, TietoEVRY laid off 160 staff in Sweden in the process of the merger between the Finnish Tieto and the Norwegian EVRY (TietoEVRY 2020 SE).

TietoEVRY is a leading Nordic digital services and software company with headquarters in Helsinki, Finland, and operates at 24 locations in Sweden. At the end of 2020, the company counted over 24,000 employees globally and 2,351 in Sweden.


Sources

Citation

Eurofound (2022), TietoEVRY, Internal restructuring in Sweden, factsheet number 106384, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106384.