Brief: NoHo Partners Says Has Changed Previously Announced Cooperation Procedure On Layoffs

NoHo Partners Oyj

18/03/2020 18:23

March 18 (Reuters) - NoHo Partners Oyj  NOHOP.HE :
    * REG-CHANGE TO THE COOPERATION PROCEDURE PREVIOUSLY
ANNOUNCED BY
NOHO PARTNERS PLC: THE COMPANY HAS DECIDED ON LAYOFFS WITHOUT
PRIOR COOPERATION NEGOTIATIONS
    * NOHO PARTNERS- LAYOFFS ARE TEMPORARY, WITH DURATION OF 90
DAYS
AT MOST, CONCERN ALL OF GROUP'S PERSONNEL IN FINLAND, TOTALLING
ABOUT 1,300 EMPLOYEES
    * FINAL NUMBER OF LAID-OFF EMPLOYEES AND DURATION OF LAYOFFS
WILL
BE SPECIFIED FURTHER AT A LATER TIME
    * NOHO PARTNERS - CO FURTHER STATED THAT NEGOTIATIONS ON
TEMPORARY
LAYOFFS WOULD COMMENCE ON 18 MARCH 2020 AND LAST AN ESTIMATED
TWO WEEKS

Source text for Eikon:  ID:nGNEc48QfG 
Further company coverage:  NOHOP.HE 

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