Jobs and results do not necessarily go hand in hand. This is how you could summarise the actions of one of the biggest employers in Helsinki, OP Financial Group. The provider of financial services is currently set to launch negotiations over a maximum of 380 job cuts, despite reporting earnings before tax of 1.1 billion euros last year.
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Large companies continue shedding jobs
The offices of OP Financial Group in Helsinki have already suffered their fair share of lay-offs, with the number of people employed by the financial behemoth decreasing by roughly one thousand since 2010.