Brief: Siili Solutions Completes Change Negotiations On Temporary Layoffs

Siili Solutions Oyj

31/10/2023 14:01

Oct 31 (Reuters) - Siili Solutions Oyj  SIILI.HE :
    * COMPLETION OF CHANGE NEGOTIATIONS CONCERNING SIILI’S
TEMPORARY
LAYOFFS
    * LAYOFFS WILL AFFECT UP TO APPROXIMATELY 80 CONSULTANTS AND
AROUND 60 ADMINISTRATIVE AND MANAGEMENT PERSONNEL FOR A TOTAL
PERIOD OF NO MORE THAN 90 DAYS
    * LAYOFFS WILL COMMENCE FROM MID-NOVEMBER AND WILL BE
EXECUTED BY
END OF MARCH 2024
    * AS A RESULT OF NEGOTIATIONS, COMPANY HAS DECIDED TO
IMPLEMENT
TEMPORARY LAYOFFS FOR SOME OF ITS EMPLOYEES
    * PART OF LAYOFFS TO BE CARRIED OUT IN 2023 WILL BE SHORT IN
DURATION

Source text for Eikon:  ID:nGNE46SrmJ 
Further company coverage:  SIILI.HE 

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