Bli medlem
Bli medlem

Du är här

2015-03-30

Pohjola Pankki Oyj: Information and consultation of employees process in OP Central Cooperative Consolidated completed

OP

PRESS RELEASE
30.3.2015

Information and consultation of employees process in OP Central Cooperative
Consolidated completed

OP has completed the information and consultation of employees process
initiated on 16 February 2015 and applying to the restructuring of the
central cooperative consolidated personnel. As a result, a maximum of 278
jobs will be cut. The process covered some 4,300 employees.

The process did not extend to OP Financial Group's member cooperative banks.

These organisational changes constitute the next step in building the new OP
owned by its customers. This is also a way of preparing for drastic changes
in the financial sector operating environment, especially those caused by
digitisation. The measures are being taken for production-related reasons.

The entire OP Financial Group employed a staff of some 12,350 at the end of
2014, with OP Central Cooperative Consolidated, which is the Group's central
cooperative, accounting for about 5,470.

The process did not affect staff in Omasairaala, Baltic operations, OP Bank
Group Pension Fund, OP Cooperative's HR function and Checkout Finland Ltd,
Helsinki OP Bank's staff in branches for private customers excluding the
supervisors and sales personnel, nor Helsingin OP-Kiinteistökeskus Oy staff
excluding the supervisors.

For more information, please contact: OP Communications, media contacts, tel.
+358 (0)50 523 9904

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pohjola Pankki Oyj via Globenewswire

HUG#1907448

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.