Brief: QPR Software Starts Cooperation Negotiations

QPR Software Oyj

09/05/2023 07:08

May 9 (Reuters) - QPR Software Oyj  QPR1V.HE :
    * STARTS CHANGE NEGOTIATIONS TO ADAPT COMPANY'S OPERATIONS
AND
IMPROVING ITS PROFITABILITY
    * ON MAY 9, 2023, QPR SOFTWARE PLC WILL SUBMIT A NEGOTIATION
PROPOSAL PER ACT ON COOPERATION TO START CHANGE NEGOTIATIONS TO
ADAPT ITS OPERATIONS AND COST STRUCTURE AND IMPROVE BUSINESS'S
PROFITABILITY
    * ACCORDING TO PRELIMINARY ESTIMATES, MEASURES THAT MAY BE
IMPLEMENTED AFTER CHANGE NEGOTIATIONS COULD LEAD TO PERSONNEL
TEMPORARY LAYOFFS FOR A MAXIMUM OF 90 DAYS AND, IN ADDITION, TO
TERMINATION OF A MAXIMUM OF NINE (9) POSITIONS
    * SCOPE OF NEGOTIATIONS INCLUDES COMPANY'S ENTIRE PERSONNEL,
IN
ALL ITS OFFICES, A TOTAL OF 65 PEOPLE

Source text for Eikon:  ID:nGNE1dXyR4 
Further company coverage:  QPR1V.HE 

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