Bittium to cut 22 jobs at Finland engineering services unit after change talks
Bitget2026/09/29 07:34- Bittium concluded change negotiations at its Finland-based Engineering Services unit covering 120 employees.
- Plan includes terminating 22 roles for financial, production, and reorganization reasons.
- Annual savings estimated at about EUR 2 million, expected to fully materialize from 2027.
- Non-recurring costs of about EUR 0.5 million set for Q4 2026, weighing on segment operating result.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Production Increase Falls Short, Layoffs First! Boeing (BA.US) Cuts 5% of Commercial Airplane Jobs, Delays 737 Monthly Production Target of 47 Aircraft to 2027
Stephanie Pope, head of Boeing's commercial airplanes division, informed employees in an internal memo on Monday that due to obstacles in increasing aircraft production, the division plans to cut 5% of its workforce.
After acquiring SpotHero, Uber (UBER.US) makes its debut in the parking sector with a parking space reservation feature, initially available in 15 U.S. cities
Uber has launched a brand new parking space reservation feature, which marks its first step in the parking sector following its acquisition of the parking app SpotHero earlier this year.
Arbitrum will welcome a new propAMM
