Type
Merger/Acquisition
Country
Finland
Region
Manner-Suomi; Etelä-Suomi;
Location of affected unit(s)
Helsinki
Sector
Information / Communication
Information Service Activities
Information Service Activities
63 - Information service activities

32 jobs
Number of planned job losses
Job loss
Announcement Date
11 December 2014
Employment effect (start)
Foreseen end date

Description

Finnish information services company M-Brain has announced the reduction of 32 jobs after the conclusion of employer-employee negotiations in Finland. The reductions are spread over different divisions of the company: 1 person is cut from M-Brain Oy, 10 from M-Brain Insight, 14 from M-Brain Media and 7 from the Global Intelligence Alliance Group. The reductions are due to M-Brain's recent acquisition of the Global Intelligence Alliance Group which demanded restructuring of the company.


Sources

  • 11 December 2014: Taloussanomat

Citation

Eurofound (2014), M-Brain, Merger/Acquisition in Finland, factsheet number 78046, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78046.