Internal restructuring
Location of affected unit(s)
Finland, Russia, Norway, Sweden, Denmark, Estonia, Lithuania and Latvia
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

500 jobs
Number of planned job losses
Job loss
Announcement Date
28 April 2014
Employment effect (start)
5 May 2014
Foreseen end date
31 December 2014


Lemminkäinen, a Finnish construction company, has announced its plans to cut 500 full time jobs in its international operations. Approximately half of the foreseen job cuts will be concentrated amongst its Finnish workforce (see ERM FS).

The company will initiate personnel negotiations in Finland on 5 May 2014. Negotiations will also be initiated in Russia, Norway, Sweden, Denmark, Estonia, Lithuania and Latvia, in accordance with local regulations.  The present job cuts are part of the company’s ‘Deliver 2014’ programme, a restructuring plan which aims to improve the firm’s competitiveness by introducing lighter organisational structures. The company aims to save € 30 million annually in its fixed costs through this efficiency measures.

Lemminkäinen currently employs approximately 7,800 people, about 4,900 of which work in Finland.


  • 28 April 2014: Lemminkäinen


Eurofound (2014), Lemminkäinen, Internal restructuring in World, factsheet number 77158, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77158.