Aalto University

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Helsinki-Uusimaa; Helsinki-Uusimaa
Location of affected unit(s)
Esbo
Sector
Education
85 - Education
85.4 - Tertiary education
85.4 - Tertiary education
130 jobs
Number of planned job losses
Job loss
Announcement Date
16 April 2014
Employment effect (start)
Foreseen end date

Description

Aalto University in Esbo in Finland has announced that it will cut 130 jobs.  According to the source, the job reductions will affect service functions but not educational staff or researchers.

According to the source, the university has not received the funding it expected and the University aims to save €8.5 million by the end of 2015. The job cuts will also form part of a reorganisation plan which aims to improve the efficiency of the university's support services.

The University has begun negotiations with trade unions regarding its 1,600 employees.

Sources

  • 16 April 2014: Aalto University (press release)
  • 16 April 2014: HLB

Citation

Eurofound (2014), Aalto University, Internal restructuring in Finland, factsheet number 76863, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/76863.