Brief: Fiskars Group Says Planned Organizational Changes Are Expected To Lead To A Net Reduction Of About 400 Roles Globally

Fiskars

13/09/2023 05:51

Sept 13 (Reuters) - Fiskars Oyj Abp  FSKRS.HE :
    * INSIDE INFORMATION: FISKARS GROUP PLANS TO SIMPLIFY ITS
ORGANIZATIONAL STRUCTURE TO SPEED UP THE CONTINUED
TRANSFORMATION OF THE COMPANY AND TO INCREASE EFFICIENCY
    * PLANS TO COMBINE CURRENT BUSINESS AREAS TERRA AND CREA
INTO ONE
BUSINESS AREA, FISKARS
    * FISKARS OYJ -PLANNED ORGANIZATIONAL CHANGES ARE EXPECTED
TO LEAD
TO A NET REDUCTION OF APPROXIMATELY 400 ROLES GLOBALLY
    * PLANNED CHANGES ARE ESTIMATED TO RESULT IN TOTAL ANNUAL
COST
SAVINGS OF APPROXIMATELY EUR 25 MILLION

Source text for Eikon:  ID:nWkr5m4whS 
Further company coverage:  FSKRS.HE 

 ((Reuters.Briefs@thomsonreuters.com;))