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.
Tieto, an IT service company, has given notice to 170 employees in Sweden due to the economic downturn. Tieto has approximately 16,700 employees, with 5,700 in Finland, 3,200 in Sweden and 7,800 based internationally. Another 180 employees worldwide have been given notice (see world fact sheet 13900).
Tieto is an IT service company providing IT, R&D and consulting services. It is among the leading IT service companies in Northern Europe.
Eurofound (2009), TietoEnator, Internal restructuring in Sweden, factsheet number 69135, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69135.