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.
After cooperation talks with personnel representatives, Finnet has decided to cut its personnel by 178 employees. The restructuring is following the take over by Finnet of the mobile activities of the competitor Telia. Amongst the dismissed personnel are clerical employees, working mainly with various planning tasks.
Eurofound (2003), Finnet, Internal restructuring in Finland, factsheet number 59173, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59173.