Employment Fund : Employment Fund starts employee cooperation negotiations
February 04 2019 - 4:00AM
Employment
Fund Stock Exchange
Release 4 February 2019 at
11:00
Employment Fund starts employee cooperation
negotiations
Employment Fund commenced its operations 1 January
2019 when Unemployment Insurance Fund and Education Fund were
merged. Employment Fund starts employee cooperation negotiations
based on the restructuring needs resulting from the merger. The
negotiations are necessary to organize Employment fund according to
the decisions made by the Board of Directors and to reach the
relevant strategic and operational goals. The
negotiations are covering the personnel of 168 persons.
The aim of the employee cooperation negotiations
is not to generate cost savings but rather to restructure the
operations of the Fund according to the aforementioned goals. The
preliminary estimate of the need of the reductions of the personnel
is at the maximum 15 persons.
Additional information:
Janne Metsämäki, Managing Director. tel. +358
40 522 3614
Helsinki, 4 February 2019
Employment Fund
Tapio Oksanen
Chief Financial Officer
Distribution:
NASDAQ OMX Helsinki
Media
www.tyollisyysrahasto.fi
The Unemployment Fund and the
Education Fund are now Employment Fund. We collect the unemployment
insurance contributions that are among other things financing the
earnings-related unemployment benefits and urging forward the
innovation of learning with the adult education allowance.
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Työllisyysrahasto via Globenewswire
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