Etteplan initiates negotiations for possible temporary layoffs
Press release – Published: 18.03.2020 9:15:00
Etteplan Oyj Press release March 18, 2020 at 9.15 a.m. EET
Etteplan initiates co-operation negotiations due to temporary changes in customer demand caused by the corona virus pandemic. The negotiations and the possible temporary layoffs concern all of Etteplan’s per-sonnel in Finland, altogether some 2, 100 employees. The possible temporary layoffs would last for a maximum period of 90 days.
“Unfortunately the pandemic has temporary impacts on our customers’ business and demand, which is also reflected to Etteplan. Currently the changes in demand are difficult to estimate, but by reorganizing work and using remote work we aim to minimize the possible personnel effects”, says Etteplan’s President and CEO Juha Näkki.
For more information, please contact:
Juha Näkki, President and CEO, tel. +358 010 307 2077
Outi Torniainen, SVP, Marketing and Communications, tel. +358 10 307 3302
Etteplan in brief
Etteplan provides solutions for industrial equipment and plant engineering, software and embedded solutions, and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2019, Etteplan had a turnover of approximately EUR 263 million. The company currently has over 3,400 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com
