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.
The regional transportation provider of Helsinki, HSL, is starting cooperation negotiations covering all of its 433 employees. The negotiations are said to lead to the dismissal of up to 48 employees. Additionally, the work tasks or employment contracts of up to 99 employees will be subject to changes.
According to HSL, it is necessary to streamline operations due to increasing costs that are not matched by the operating income of HSL. HSL wants to reduce its need for public financial support by 4.3 percentage points.
The negotiations do not affect public transport drivers because they are employed by transport operators.
Updated, 11/05/2026: HSL announced that the negotiated layoffs were cut to 38 employees and that 52 positions will undergo substantial changes. The new organizational structure is to take effect from early June 2026.
Eurofound (2026), Helsingin seudun liikenne (HSL), Internal restructuring in Finland, factsheet number 204389, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204389.
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