In late August, Elisa started cooperation talks with the personnel in order to cut jobs. According to the company management, the profitability is not adequate. It will be improved by rationalising administration and centralising management. 190 jobs will be threatened by May 2004. 7th October 2003 Elisa has ended the cooperation talks with the personnel. As a result of these talks, altogether 135 jobs will disappear. 70 permanent employees will be made redundant. Other restructuring measures include ending of fixed-term contracts and pension arrangements.