Skip to main content

Innofactor concludes co-operation negotiations in its SharePoint Solutions unit

Hero Image

22.05.2012 00:00

Innofactor Plc Stock Exchange Release May 22, 2012, at 9:45 Finnish time

In April, Innofactor Plc announced co-operation negotiations in its subsidiary’s Innofactor Ltd’s SharePoint Solutions unit in order to improve the profitability. The actions under consideration could have led to layoffs of maximum of nine employees or fixed-term layoff of all the unit’s personnel for 90 days at the most.

The negotiations have now been concluded.

During the negotiation process a positive development on the unit’s business outlook has occurred.

The Innofactor Board of Directors decided on layoffs of 2 employees and fixed-term layoffs of 2 employees for 90 days.


INNOFACTOR PLC
Board of Directors


Further information:
Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029


Distribution:
NASDAQ OMX Helsinki
Main media
www.innofactor.com