Digitalist Group Plc Inside information 11.4.2019 at 10:00
Digitalist Group Plc (“Digitalist Group” or “Company”) is to initiate a rationalisation program within the group through cost-saving measures contemplated by the Company. The measures aim to lighten Digitalist Group’s cost structure and enhance its profitability. On group level, the Company aims for annual cost savings of approximately EUR 1.5 to 2.3 million.
As part of the rationalisation measures, the Company’s subsidiary Digitalist Finland Ltd will initiate co-operation negotiations concerning the Company’s employees in group leadership, sales, support functions, project management and supervisor roles. Besides cost savings, the planned reorganisation aims at streamlining the organisation. The co-operation negotiations are initially estimated to result in personnel reductions and changes in terms of employment. The planned changes are preliminarily estimated to lead to a reduction in the number of employees by a maximum of 9 persons.
DIGITALIST GROUP PLC
Board of Directors
For more information, please contact:
Digitalist Group Plc
Hans Parvikoski, interim CEO, CFO, tel. +358 40 586 6154, hans.parvikoski@digitalistgroup.com
Distribution:
Nasdaq Helsinki Ltd
Main media
https://digitalist.global
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