Internal restructuring
Location of affected unit(s)
Wholesale Trade, Except Of Motor Vehicles And Motorcycles
Wholesale On A Fee Or Contract Basis
46.19 - Agents involved in the sale of a variety of goods

110 jobs
Number of planned job losses
Job loss
Announcement Date
1 September 2014
Employment effect (start)
1 September 2014
Foreseen end date


Finnish retail cooperative SOK is to cut 110 jobs at its Consumer Goods and Grocery trade operations. As announced, the restructuring is triggered by “the prolonged economic recession and the concurrent structural change in the trade sector which has especially shaken consumer goods sales".

The job reduction was announced with the conclusion of the statutory labour negotiations in the end of July 2014, after an initial estimate of a reduction of a total of 130 positions. The job losses primarily affect all employees and management staff involved in SOK's retail operations that employ approximately 530 people. In total, SOK has a workforce of approximately 9,000 people.

Last year, SOK cut 240 positions from its central organisation in a restructuring event which came into effect in July 2013. 


  • 1 September 2014: SOK (Press Release)
  • 1 September 2014: Yle Uutiset


Eurofound (2014), Suomen Osuuskauppojen Keskuskunta (SOK), Internal restructuring in Finland, factsheet number 77513, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77513.