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

600 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: around 250 in Sweden (TietoEVRY-2021-SE), 160 in Finland (TietoEVRY-2021-FI) and 190 in Norway (TietoEVRY-2021-NO). In each country, the company has initiated consultations with trade unions. 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.

TietoEVRY is a leading Nordic digital services and software company with headquarters in Helsinki. It offers its services to thousands of enterprises and public-sector customers in over 90 countries. At the end of 2020, the company counted over 24,000 employees globally.


Sources

Citation

Eurofound (2022), TietoEVRY, Internal restructuring in World, factsheet number 106416, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106416.