EMCC European Monitoring Centre on Change



Geographic Location

Country: Finland
Region: Uusimaa; Etelä-Suomi; Manner-Suomi


Sector: Information / communication
Publishing, audiovisual and broadcasting activities
58.14 - Publishing of journals and periodicals
Number Employed: 400
Group: Otava

Employment Effects

Announcement Date: 08-05-2019
Planned Job Reductions min: 47
Planned Job Reductions max: 47
Type of Restructuring: Internal restructuring
Direct Dismissals: 47

Additional Information

Finnish publisher of journals and periodicals Otavamedia has concluded employer-employee negotiations and announced a job reduction of 47 positions. According to Otavamedia, the company aims to improve customer experience by outsourcing customer service. As a result, 47 employees will be made redundant. As of May 2019, the time frame of the restructuring is not yet known.

Otavamedia, part of Otava Group, publishes 25 magazines in Finland. The company had some 400 employees in 2018. Otavamedia has had several employer-employee negotiations during recent years.