EMCC European Monitoring Centre on Change

Radiolinja

Company/Organisation:
Radiolinja

Geographic Location

Country: Finland
Region: Manner-Suomi

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Number Employed: 1750

Employment Effects

Announcement Date: 30-04-2003
Planned Job Reductions min: 290
Planned Job Reductions max: 290
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-05-2003
Direct Dismissals: 120

Additional Information

Radiolinja will start cooperation talks in order to decrease its personnel by 250 persons during this year. Cuts will be carried out by retirements and end of fixed term jobs. The number of direct dismissals is still unknown at this stage. 2003-06-11 Radiolinja has now ended the cooperation talks. As a result, 290 jobs will be cut. 120 will be dismissed directly and the rest will be carried out by various personnel arrangements, voluntary dismissals and end of fixed term jobs. The main part of the cuts concerns development, marketing and various support functions.