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.
Indian software services company Wipro has commenced personnel negotiations concerning 150 employees in Finland. The reductions concern units in Rovaniemi, Kokkola, Seinäjoki and Pori. The main reasons for the reductions are the diminishing volume of orders from Finnish ICT companies and production costs, according to HR Manager of Wipro Finland, Risto Niva. The company employs a total of 450 employees in Finland.
Eurofound (2008), Wipro, Internal restructuring in Finland, factsheet number 67305, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67305.