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.
Media 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities 60 - Programming, broadcasting, news agency and other content distribution activities
400 jobs Number of planned job losses
Announcement Date
5 September 2005
Employment effect (start)
1 October 2005
Foreseen end date
31 December 2007
Description
On 5 September 2005 the Finnish broadcasting company YLE, started codetermination negotiations in order to cut 400 jobs by the end of 2007. The job cuts are carried out due to the quite drastic losses the company is making with its present structure.
Sources
6 September 2005: Helsingin Sanomat
Citation
Eurofound (2005), YLE (Finnish broadcasting company), Internal restructuring in Finland, factsheet number 62188, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62188.