Siili Solutions’ change negotiations finalized
Siili Solutions Plc Press release 25 March 2025 at 12:30 EET
Siili Solutions Plc has finalized the change negotiations process, announced on 13 February 2025. As the result of the negotiations the personnel reductions will be 25 employees in Siili Finland and 8 employees in Siili Auto’s Finnish organization. Originally the estimated personnel reductions were maximum 35 employees in Siili Finland and 11 employees in Siili Auto’s Finnish organization.
With the change negotiations process Siili aimed to adjust its competence profile to be better aligned with Siili’s strategy that was published last year, as well as with the market demand. The company also aims to focus on supporting growth in selected strategic areas and strengthening profitability.
With the decided actions Siili estimates a total of EUR 2.2 million annual cost savings by the end of 2026 in comparison to the 2024 level. Non-recurring costs arising from adjustment measures will be recorded in the company's result for the second quarter of 2025.
The finalized change negotiations and resulting actions do not have an impact on the financial guidance for 2025 given in the financial statements bulletin.
Further information:
Tomi Pienimäki, CEO
Phone: +358 40 834 1399, email: tomi.pienimaki(at)siili.com
Distribution:
Main media
www.siili.com/en
Siili Solutions in brief:
Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. www.siili.com/en
