Tieto has announced its decision to shed a total of 435 positions in Finland. The provider of information technology services estimated at the launch of the consultative negotiations in January that it would have to reduce up to 500 positions. The personnel cuts will be carried out primarily between July and September, according to Tieto.
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Tieto wraps up talks with staff, to cut 435 jobs
The cuts are a consequence of the attempts of Tieto to renew its services and competencies to correspond with the changing information technology industry and, thereby, to improve its profitability.