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 69 - Legal and accounting activities 69 - Legal and accounting activities 69 - Legal and accounting activities
151 jobs Number of planned job losses
Announcement Date
14 August 2025
Employment effect (start)
8 September 2025
Foreseen end date
1 April 2026
Description
The consultancy company KPMG has concluded cooperation negotiations resulting in the dismissal of 151 staff across all units and functions.
KPMG states that the general insecurity in the market has resulted in lower demand. The company also states that restructuring was a result of changes in skill needs as well as working modes. The company has however made a better result in 2025 than in the previous budget year (€255,9 million vis-a-vis €241,4 million).
The trade union Suomen Ekonomit has been contacted by multiple dismissed employees, who argue that the cooperation negotiation process has not been a true negotiation, and has only barely met the minimum requirements of the recently amended Co-operation Act 1333/2021.
KPMG had approximately 1,841 employees in Finland in September, 2024.
Eurofound (2025), KPMG, Internal restructuring in Finland, factsheet number 203389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203389.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
