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.
Finnish software developer Digia has announced plans to cut its workforce by about 190 persons in its mobile solutions business. As of May 2011, there is no information on when the job cuts will be implemented by.
Digia has initiated mandatory negotiations with employee representatives concerning the cuts. Cuts are expected in five locations. A month earlier Digia already closed one unit and cut 63 employees.
Digia has operated as a subcontractor for mobile phone company Nokia, and Nokia's recent decision to replace its own operating system with Microsoft's Windows Phone is also influencing its needs for subcontracting.
Updated, 28-06-2011: Digia has concluded negotiations and confirmed 181 redundancies. The company completely closes its plant in Lappeenranta.
Eurofound (2011), Digia, Internal restructuring in Finland, factsheet number 71958, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71958.