Brief: SRV Aims For Cost Savings Of EUR 6-8 Mln Through Layoffs, Other Measures

SRV Yhtiot Oyj

13/12/2022 13:21

Dec 13 (Reuters) - SRV Yhtiot Oyj  SRV1V.HE :
    * SRV'S CHANGE NEGOTIATIONS IN ACCORDANCE WITH THE
CO-OPERATION
ACT HAVE BEEN COMPLETED
    * AFTER RETIREMENTS AND REDUNDANCIES OF PERSONNEL DURING
NEGOTIATIONS, NEGOTIATIONS RESULTED IN PERSONNEL REDUCTIONS OF A
TOTAL OF 33.5 PERSON-YEARS
    * IN ADDITION, 30 PEOPLE WILL BE LAID OFF UNTIL FURTHER
NOTICE
    * ALSO HAS POSSIBILITY TO LAY OFF PERMANENT PERSONNEL THAT
NEGOTIATIONS CONCERNED, FOR A FIXED PERIOD OF UP TO 90 DAYS PER
PERSON DURING 2023, IF NECESSARY
    * PERSONNEL REDUCTIONS AND LAYOFFS AS A RESULT OF
NEGOTIATIONS ARE
PART OF ADJUSTMENT MEASURES WITH WHICH COMPANY, TOGETHER WITH
OTHER MEASURES, AIMS FOR A TOTAL OF 6-8 MILLION EUROS IN COST
SAVINGS FOR 2023

Source text for Eikon:  ID:nWkr163cKB 
Further company coverage:  SRV1V.HE 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))