EFECTE Efecte Oyj

Efecte has concluded its co-determination negotiations

Efecte has concluded its co-determination negotiations

EFECTE OYJ – COMPANY ANNOUNCEMENT – 14 MAY 2020 at 11.00



Efecte has concluded its co-determination negotiations

The co-determination negotiations commenced by Efecte on 29 April 2020, aimed at adjusting operations in the circumstances caused by COVID-19, have been concluded.

As a result of the negotiations, Efecte undertakes role and organizational changes and part-time layoffs until further notice for all employees in Finland. The layoffs are estimated to last at the latest until the end of October 2020. In addition, as a result of the negotiations, a total of five employments are terminated.

 

Further inquiries:

CEO Niilo Fredrikson, tel 7

Certified Adviser:

Evli Bank Plc, tel 0

 

Efecte Plc

Efecte helps service organizations digitalize and automate their work. Customers across Europe leverage our cloud service to operate with greater agility, to improve the experience of end-users, and to save costs. The use cases for our solutions range from IT service management and ticketing to improving employee experiences, business workflows, and customer service. We are the European Alternative to global players in our space. Our headquarters is located in Finland and we have regional hubs in Germany and Sweden. Efecte is listed on the Nasdaq First North Growth Market Finland marketplace. 

 

 

EN
14/05/2020

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