Change negotiations regarding the adjustment of QPR Software Plc's strategy and the related change in organizational structure have ended
05 Gennaio 2024 - 8:00AM
Change negotiations regarding the adjustment of QPR Software Plc's
strategy and the related change in organizational structure have
ended
QPR SOFTWARE
PLC
STOCK EXCHANGE
RELEASE
5 January 2024, at 9 a.m. EET
On December 14, 2023, QPR
Software Plc announced its adjusted strategy and the planned change
in its organizational structure to support it and submitted a
negotiation proposal in accordance with the related Cooperation Act
to start the change negotiations. The change negotiations have been
completed on Thursday, January 4, 2024.
During the change
negotiations, the Company planned to change its organizational
structure to support its adjusted strategy. The goal of the planned
changes is to support the more efficient organization of QPR
Software's operations, to try to respond to changes in the
operating environment, and to renew the organizational structure in
order to achieve the Company's long-term growth and profitability
goals.
Change negotiations were
held separately in both QPR Software Plc and QPR Services Oy. As a
result of the negotiations, the Company will terminate a maximum of
four (4) positions at QPR Software Plc and a maximum of six (6)
positions at QPR Services Oy.
According to preliminary
estimates, the measures that may be implemented after the change
negotiations of both companies could lead to temporary layoffs of
the personnel for a maximum of 90 days and, in addition, the
termination of a maximum of six (6) positions at QPR Software Plc
and a maximum of nine (9) jobs at QPR Services Oy.
For further
information:
Heikki
Veijola
Chief Executive
Officer
QPR Software
Plc
Tel. +358 40 922
6029
About QPR
Software
QPR Software Plc (Nasdaq
Helsinki) provides process mining, performance management, and
enterprise architecture solutions for digital transformation,
strategy execution, and business process improvement in over 50
countries. QPR software allows customers to gain valuable insights
for informed decisions that make a
difference.
www.qpr.com
DISTRIBUTION
Nasdaq
Helsinki
Key
medias
www.qpr.com
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