Operation Negotiations

QPR Software Oyj

28/12/2021 08:06

Dec 28 (Reuters) - QPR Software Plc  QPR1V.HE :
    * QPR SOFTWARE AND ITS SUBSIDIARY QPR SERVICES WILL INITIATE CO-OPERATION NEGOTIATIONS IN
ACCORDANCE WITH CO-OPERATION ACT REGARDING AN ORGANIZATIONAL CHANGE
    * ESTIMATES THAT POSSIBLE ONE-TIME COSTS RELATED TO RESTRUCTURING ARE MAX. 100.000EUR .
    * NEGOTIATIONS WILL BEGIN ON JANUARY 3, 2022 AND DURATION OF NEGOTIATIONS IS 14 DAYS
    * ONE-TIME COSTS WILL BE RECORDED IN QUARTER ONE FINANCIAL RESULTS
    * NEGOTIATIONS CONCERN ALL PERSONNEL IN FINLAND
    * NEGOTIATIONS MAY LEAD TO REDUNDANCIES OF UP TO 9 POSITIONS AND REORGANIZATION OF WORK
DUTIES, AS
WELL AS TO FORMATION OF UP TO 9 NEW POSITIONS.

Source text for Eikon:  ID:nGNE1wSnLv 
Further company coverage:  QPR1V.HE 

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