TietoEVRY integration progresses as planned – employee consultations started as part of consolidation of operations
03 September 2020
TietoEVRY’s integration is proceeding as planned and the company has continued consolidation of its operations. The company today announced new measures, resulting from the merger, which contribute to a competitive cost structure.
TietoEVRY aims to ensure its position as the leading Nordic digital services and software company. The company continues to develop its competitiveness by investing in new technologies, services and competencies such as cloud, design and data analytics.
The company has today initiated consultation processes with labour unions. The announced measures are estimated to affect up to 550 roles globally, including up to 160 in Sweden, 150 in Norway, 90 in Finland and 150 in other countries. The consultation processes will be conducted according to the legislation and practices in each country and are expected to be concluded by the end of the year 2020.
“TietoEVRY’s post-merger integration has proceeded well during the past months and we are laying a strong operational foundation for the future. The actions announced today strive to ensure that our company emerges strong in a globally competitive market. These actions are always hard, and we are committed to doing everything we can to support the affected employees. In parallel, we aim to maintain good business momentum during the period of change, taking also into account the impact of the coronavirus pandemic,” says Kimmo Alkio, President and CEO.
TietoEVRY creates digital advantage for businesses and society. We are a leading digital services and software company with local presence and global capabilities. Our Nordic values and heritage steer our success.
Headquartered in Finland, TietoEVRY employs around 24 000 experts globally. The company serves thousands of enterprise and public sector customers in more than 90 countries. TietoEVRY’s annual turnover is approximately EUR 3 billion and its shares are listed on the NASDAQ in Helsinki and Stockholm as well as on the Oslo Børs. www.tietoevry.com