Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Fujitsu Finland, the Finnish branch of Japaneese ICT-company Fujitsu, has initiated employer-employee negotiations aiming to cut 140 jobs. According to Fujitsu the reason for the redundancies is increasing global competition which has led to an increase in offshore activities.
Fujitsu Finland also made 75 workers redundant in March, 2016.
UPDATE 2016/06/27:The first stage of employer-employee negotiations have been completed resulting in an initial 16 redundancies over the summer, with 123 to follow during the autumn months of this year. 139 jobs are to be lost in total. In addition the amount of offshore activities in Poland and India will be increased leading to further cuts and fewer new jobs in Finland. Moreover, there is a possibility of a reduction in temporary labour recruitment and internal retirement plans as a result of increased offshore activity, but so far has not been included in the formal plans.
Eurofound (2016), Fujitsu Finland, Offshoring/Delocalisation in Finland, factsheet number 87719, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/87719.
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