Operation Negotiations

Digitalist Oyj

07/04/2020 07:11

April 7 (Reuters) - Digitalist Group Oyj  DIGIGR.HE :
    * REG-DIGITALIST GROUP COMPLETES CO-OPERATION NEGOTIATIONS
CONCERNING ALL OF THE GROUP’S EMPLOYEES
    * COMPLETED CO-OPERATION NEGOTIATIONS CONCERNING ALL OF
GROUP'S
EMPLOYEES
    * AS A RESULT OF NEGOTIATIONS, PERSONNEL OF DIGITALIST GROUP
WILL
BE LAID OFF IN FINLAND FOR A MAXIMUM OF 90 DAYS
    * LAY-OFFS WILL CARRIED OUT IN STAGES AND BE PART AND/OR
FULL TIME
SO THAT DELIVERY OF CLIENT PROJECTS IS ENSURED
    * IN ADDITION, EMPLOYMENT CONTRACTS OF A MAXIMUM OF 9
EMPLOYEES
WILL BE TERMINATED IN FINLAND AND AN ESTIMATED MAXIMUM TOTAL OF
22 IN FOREIGN SUBSIDIARIES OF CO
    * ALSO DECIDED TO CLOSE DOWN ITS OFFICE IN UNITED STATES
    * ESTIMATES THAT IT WILL ACHIEVE ANNUAL SAVINGS OF AN
ESTIMATED
EUR 2.3 MILLION THROUGH REORGANISATION AND RATIONALISATION
MEASURES CONCERNING ORGANIZATION

Source text for Eikon:  ID:nGNE88jpTg 
Further company coverage:  DIGIGR.HE 

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