QPR Software has concluded co-determination negotiations

November 2, 2020 6:30 AM EST

QPR Software Plc, Inside information, November 2, 2020 at 1:30 PM


Co-determination negotiations in QPR Software Plc and its subsidiary QPR Services Oy regarding temporary part-time lay-offs have been concluded. Negotiations were initiated, because there was a need to adjust operations in the circumstances caused by COVID-19.

Altogether 65 employees were included in co-determination negotiations and these negotiations led to 60 temporary part-time lay-offs. The lay-offs will be fully concluded by the end of April 2021.

Since the business impact of the Covid-19 -situation is estimated to be temporary, redundancies were not considered in the negotiations.

QPR Software Plc

Additional information  

Jari Jaakkola, CEO
tel. +358 40 5026 397    
email: jari.jaakkola(at)qpr.com

DISTRIBUTION:
NASDAQ OMX Helsinki Oy
Main media
www.qpr.com



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