Internal restructuring
Location of affected unit(s)
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58 - Publishing activities

36 jobs
Number of planned job losses
Job loss
Announcement Date
6 November 2006
Employment effect (start)
1 January 2007
Foreseen end date


The media businesses Talentum Media Oy and Talentum Oyj have concluded the personnel negotiations started in early November. As a result of reorganising and rationalising the group services, 25 employees will be made redundant and Talentum's subscription service will be outsourced, which affects 11 employees.

Talentum Media Oy and Talentum Oyj started personnel negotiations concerning reduction of personnel which are affecting all of the 330 employees at the companies.

Negotiations started on November 13, 2006, targeting equivalent cuts to the costs of about 35-45 employees. The personnel costs were to be cut by redundancies, terminating short-term employment contracts and through early retirement. The cuts should be fully effective in early 2007.

The purpose of these actions was to ensure competitiveness and adequate profitability in the current market situation.

Talentum Group's turnover in 2005 was 103 million euro and the number of employees in Finland, Sweden and in the Baltic states is about 1,000.


  • 15 December 2006: www.talentum.fi
  • 7 November 2006: Uutispäivä Demari


Eurofound (2006), Talentum, Internal restructuring in Finland, factsheet number 64395, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64395.