Brief: Lehto Launches Change Negotiations

Lehto Oyj

16/11/2023 10:58

Nov 16 (Reuters) - Lehto Group Oyj  LEHTO.HE :
    * LEHTO GROUP PLC: LEHTO IS LAUNCHING CHANGE NEGOTIATIONS IN
ORDER
TO ADAPT ITS OPERATIONS AND PREPARE FOR A POSSIBLE CORPORATE
REORGANISATION
    * TOTAL OF 320 PEOPLE ARE IN SCOPE OF NEGOTIATIONS
    * 320 INCLUDES 155 PEOPLE WHO ARE CURRENTLY LAID OFF
FULL-TIME OR
PART-TIME
    * PERSONNEL IMPACTS OF NEGOTIATIONS ARE ESTIMATED TO BE A
MAXIMUM
OF 220 PERSON-YEARS
    * CHANGE NEGOTIATIONS AIM TO ADAPT OPERATIONS TO MARKET
SITUATION
AND REORGANIZE DUE TO A POTENTIAL BUSINESS ARRANGEMENT

Source text for Eikon:  ID:nWkr4ndG3p 
Further company coverage:  LEHTO.HE 

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