EMCC European Monitoring Centre on Change

S. ja A. Bovalliuksen säätiö

Company/Organisation:
S. ja A. Bovalliuksen säätiö

Geographic Location

Country: Finland
Region: Manner-Suomi
Location of affected unit(s): Jyväskylä, Pieksämäki, Turku

Company

Sector: Education
Education
85.32 - Technical and vocational secondary education
Number Employed: 280

Employment Effects

Announcement Date: 12-12-2013
Planned Job Reductions min: 40
Type of Restructuring: Internal restructuring
Foreseen End Date: 30-06-2014
Direct Dismissals: 40

Additional Information

Provider of vocational special needs education S. ja A. Bovalliuksen säätiö is to cut 40 jobs.

As reported, reduced public funding and increasing costs are the reasons for the restructuring. The foundation also warns about possible temporary layoffs but it is not planning to cut the number of students.

S. ja A. Bovalliuksen säätiö has 530 students and 280 staff in Pieksämäki and Turku as well as in other locations.