Brief: Vincit Launches Change Negotiations

Vincit Oyj

11/10/2023 07:15

Oct 11 (Reuters) - Vincit Oyj  VINCIT.HE :
    * VINCIT LAUNCHES CHANGE NEGOTIATIONS TO SECURE CO'S RENEWAL
AND
COMPETITIVENESS
    * LAUNCHES CHANGE NEGOTIATIONS IN ALL FINNISH COMPANIES,
WITH
EXCEPTION OF VINCIT SOLUTIONS OY
    * MAXIMUM NUMBER OF STAFF TO BE REDUCED IS ESTIMATED AT 60
    * AIM OF NEGOTIATIONS IS TO ADAPT CO'S OPERATIONS TO REFLECT
CHANGED OPERATING ENVIRONMENT, TO IMPROVE COMPETITIVENESS AND TO
SUPPORT ACHIEVEMENT OF PROFITABILITY IN LINE WITH STRATEGY
    * VINCIT'S GUIDANCE FOR 2023 ON TURNOVER AND RELATIVE
PROFITABILITY IS NOT AFFECTED BY CHANGE NEGOTIATIONS
    * IN ORDER TO IMPROVE COMPETITIVENESS, VINCIT IS ALSO
PLANNING NEW
TASKS
    * AIM IS THAT AS MANY WORKERS AS POSSIBLE AT RISK OF
REDUNDANCY
COULD BE OFFERED NEW TASK

Source text for Eikon:  ID:nWkr1yN26Q 
Further company coverage:  VINCIT.HE 

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