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.
Manufacturing (18) Printing and reproduction of recorded media 18.1 - Printing and service activities related to printing 18.11 - Printing of newspapers
68 jobs Number of planned job losses
Announcement Date
18 March 2009
Employment effect (start)
Foreseen end date
Description
The newspaper publishing company Suomen Lehtiyhtymä is to cut 68 jobs country-wide. The job losses are due to the decline in media sales and are aimed to save EUR 4 million annually. As of March 2009, there is no information on when the job losses will be implemented by. The company employs 630 employees in Finland.
Sources
18 March 2009: Helsingin Sanomat
Citation
Eurofound (2009), Suomen Lehtiyhtymä, Internal restructuring in Finland, factsheet number 68558, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68558.