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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.3 - Manufacture of communication equipment
71 jobs Number of planned job losses
Announcement Date
4 October 2016
Employment effect (start)
4 October 2016
Foreseen end date
Description
Swedish telecom company Ericsson has initiated employer-employee negotiations in order to cut up to 175 jobs in Finland. The redundancies are part of a greater savings scheme mainly targeting Sweden where 3,000 employees will be made redundant. In Oulu 40 employees within research and development will be made redundant and in Kirkkonummi 135 employees working mainly with product development will be made redundant. As of October 2016, there is no information regarding when the employment effects will be implemented by.
Ericsson has a total of 116,507 employees world wide and approximately 900 employees in Finland.
Updated, 17/10/17:After the negotiations the total amount of dismissed workers is 71.
Sources
4 October 2016: Kauppalehti
Citation
Eurofound (2016), Ericsson, Internal restructuring in Finland, factsheet number 88810, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88810.
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