Brief: Fiskars To Start Employee Consultations In Its Retail Network In Finland

Fiskars

15/03/2021 12:31

March 15 (Reuters) - Fiskars Oyj Abp  FSKRS.HE :
    * FISKARS GROUP TO START EMPLOYEE CONSULTATIONS IN ITS
RETAIL
NETWORK IN FINLAND
    * EMPLOYEE CONSULTATIONS WILL COMMENCE IN FINLAND ON MARCH
15,
2021 COVERING ALTOGETHER 113 EMPLOYEES IN RETAIL STORES.
    * ESTIMATED NUMBER OF AFFECTED EMPLOYEES IS 53 AT MAXIMUM.
    * IS PLANNING TO DEVELOP ITS RETAIL NETWORK BY CLOSING DOWN
SOME
STORES AND BY EXPANDING SOME.
    * PLANNED CHANGES ARE A PART OF RESTRUCTURING PROGRAM
ANNOUNCED IN
DECEMBER 2019
    * PLANNED CHANGES ARE EXPECTED TO LEAD TO POSSIBLE CHANGES
IN
EMPLOYMENT TERMS AND/OR REDUCTION OF EMPLOYEES.
    * AT END OF 2020, FISKARS GROUP HAD APPROXIMATELY 6,400
EMPLOYEES,
OF WHOM 1,100 WERE IN FINLAND.

Source text for Eikon:  ID:nWkr7nDyMF 
Further company coverage:  FSKRS.HE 

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