ICT sector accounted for lion's share of last year's lay-offs

Microsoft announced the closure of its product development unit in Salo on 8 July 2015.

The information and communication technology sector accounted for the lion's share of the lay-offs made in Finland in 2015, indicate statistics published by the Central Organisation of Finnish Trade Unions (SAK).

“Microsoft Mobile and Tieto raised the number of lay-offs in the information and communication technology sector to almost 3,800, which is one-third more than in 2014,” SAK reports.

Microsoft Mobile was responsible for by far the largest number of lay-offs, having laid off a total of 2,300 employees and shut down its product development unit in Salo. The second largest job-cutter, Tieto, shed a total of 435 jobs in 2015.

SAK reports that the number of lay-offs increased also in the manufacturing industries – by 15 per cent year-on-year to nearly 3,700. In the retail sector, in contrast, the number of lay-offs declined from 2,228 in 2014 to no more than 871 in 2015, according to the statistics.

Related posts:

- Microsoft confirms closure of product development unit in Salo (21 August, 2015)

- Microsoft's decision a bitter blow for Finland (09 July, 2015)

- Tieto wraps up talks with staff, to cut 435 jobs (16 March, 2015)

A total of 11,907 employees were made redundant in Finland in 2015, representing a five per cent decrease from the previous year. SAK points out, however, that the number of lay-offs remained above 10,000 for already the fifth consecutive year.

Aleksi Teivainen – HT
Photo: Aleksi Tuomola / Lehtikuva
Source: Uusi Suomi