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.
Radiolinja will start cooperation talks in order to decrease its personnel by 250 persons during this year. Cuts will be carried out by retirements and end of fixed term jobs. The number of direct dismissals is still unknown at this stage.
2003-06-11
Radiolinja has now ended the cooperation talks. As a result, 290 jobs will be cut. 120 will be dismissed directly and the rest will be carried out by various personnel arrangements, voluntary dismissals and end of fixed term jobs. The main part of the cuts concerns development, marketing and various support functions.
Sources
11 June 2003: Helsingin Sanomat
Citation
Eurofound (2003), Radiolinja, Internal restructuring in Finland, factsheet number 60029, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60029.
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