Internal restructuring
Location of affected unit(s)
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

152 jobs
Number of planned job losses
Job loss
Announcement Date
10 March 2004
Employment effect (start)
Foreseen end date
1 April 2004


WM-data Novo will start joint discussions with its staff on the redundancy of approximately 190 employees. The cooperation procedure aims at consolidating and reorganising the operations of WM-data Novo, its subsidiaries, and WM-data, WM-data Infra Solutions, WM-data Internal Services and WM-data X-Way. The restructuring is due to operational and financial reasons.

The company seeks to complete the cooperation procedure by the end of April. The aim is to minimise the number of job cuts through pension arrangements, in house transfers and training schemes.

On May 7 2004, after cooperation negotiations with the personnel, the company has decided to make at maximum of 152 employees redundant. The final number may still decrease if the present open vacancies are filled by inner replacements


  • 10 March 2004: Helsingin Sanomat
  • 7 May 2004: Helsingin Sanomat


Eurofound (2004), WM-data Novo, Internal restructuring in World, factsheet number 59374, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59374.