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Tieto Oyj's Product Development Services unit announces personnel negotiations and plans to cut jobs

Tuesday, 6 May 2014 02:00am EDT 

Tieto Oyj:Says its Product Development Services (PDS) unit initiates measures to maintain its healthy cost structure.In addition to immediate cost savings measures, Tieto aims to reduce total of 180 positions globally from its PDS business.Announces that of redundancies, 70 are anticipated to materialize in Finland, 30 in Sweden, and 80 in other countries.In Finland and Sweden, company will start the process by making proposal to employee representatives on May 6. 

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-0.39 -1.76%
17 Apr 2015