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Co-operation negotiations resulting from the prolonged pandemic situation completed in Etteplan

Press release – Published: 18.06.2020 8:45:00

Etteplan press release June 18, 2020 at 8.45 a.m. EEST

Etteplan initiated co-operation negotiations on June 3, 2020 due to the change in customer demand and workload caused by the corona pandemic. The negotiations have now been completed and as a result, the layoffs could concern some 556  Etteplan employees in Finland. The negotiations concerned all of Etteplan’s personnel in Finland, altogether some 2, 100 employees; The possible layoffs would be implemented as indefinite, temporary or part-time layoffs. The negotiations did not include terminations of employment.

”We continue to strive to minimize the possible personnel effects by reorganizing work, using remote work and boosting sales. Some of our customers have continued investments and during the past weeks we have received a fair amount of new orders. However, the corona pandemic continues to impact our operations and the uncertainty continues”, says Etteplan’s President and CEO Juha Näkki. 

For more information, please contact:
Juha Näkki, President and CEO, tel. +358 10 307 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.