Aspocomp Group Plc, Internal Information, February 16, 2024, 8:45am (Finland Time)
Aspocomp Group Plc has concluded transfer negotiations for all of its employees in Finland (approximately 150 people) that began on January 4, 2024. Change negotiations under the Cooperation Act were initiated to improve the company’s profitability and competitiveness, as well as to ensure its future ability to operate in a downturn in the market.
At the start of negotiations, it was estimated that the planned measures would result in temporary job cuts, with up to five additional jobs potentially being made redundant. As a result of negotiations, two employees will be fired. The company’s redundancy authorization applies to 40 people. Depending on the company’s financial and production conditions, personnel reductions may be implemented for the time being. The workforce reductions are being implemented to allow the company to maintain production and operating capacity, meet current production demands and maintain the ability to fulfill new customer orders.
For more information, please contact Mikko Montonen, President and CEO.
Telephone number +358 40 5011 262, mikko.montonen(at)aspocomp.com.
ASPOCOMP Group PLC
Mikko Montonen
Representative Director and President
Aspocomp – the heart of technology
Printed circuit boards (PCBs) are used as electrical interconnects and component assembly platforms for electronic devices. Aspocomp provides PCB technology design, testing and logistics services throughout the product lifecycle. Our in-house production and extensive international partner network ensure cost-effective and reliable delivery.
Aspocomp’s customers are companies that design and manufacture systems to test semiconductor components for communications systems and equipment, automotive and industrial electronics, and security technology. The company has customers all over the world and most of its net sales are generated through exports.
Aspocomp is headquartered in Espoo and has a factory in Oulu, one of Finland’s main technology hubs.
www.aspocomp.com
