EMCC European Monitoring Centre on Change

Elisa

Company/Organisation:
Elisa

Geographic Location

Country: Finland

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Number Employed: 7400

Employment Effects

Announcement Date: 28-10-2003
Planned Job Reductions min: 900
Planned Job Reductions max: 900
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-12-2003
Direct Dismissals: 520
Other Job Reduction Measures: 383

Additional Information

Elisa announced new cooperation talks, after a first restructuring announcement affecting 190 employees in August 2003. The latest announcement will lead to a reduction of 900 jobs. This measure aims at rationalising functions of the organisation which overlap. 13 January 2003 As a result of the cooperation negotiations, the number of the personnel will decrease by 761 people. In addition to this, 142 fixed-term employments will be discontinued. There are 241 pension, voluntary and other solutions. The number of people to be made redundant is 520.