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.
Utilities Water Supply; Sewerage, Waste Management And Remediation Activities Waste Collection, Treatment And Disposal Activities; Materials Recovery 38 - Waste collection, treatment and disposal activities; materials recovery
110 - 120 jobs Number of planned job losses
Announcement Date
1 December 2009
Employment effect (start)
Foreseen end date
Description
The environmental management and property and plant support services company Lassila & Tikanoja is cutting 110 jobs after concluding negotiations with its employees in Finland.
When the negotiations started the target was to cut 120 jobs among all L&T units in Finland. After negotiations the company announced the cut of 110 jobs. The job cuts will be implemented during 2010.
L&T employs some 9,100 employees in Finland, Sweden, Latvia and Russia.
Sources
1 December 2009: www.tekniikkatalous.fi
25 January 2010: www.arvopaperi.fi
Citation
Eurofound (2009), Lassila & Tikanoja, Internal restructuring in Finland, factsheet number 70139, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70139.
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