Alma Media starts personnel negotiations in Satakunta region to rationalise its operations

Alma Media Corporation   Press release   February 1, 2011 at 11.00

ALMA MEDIA STARTS PERSONNEL NEGOTIATIONS IN SATAKUNTA REGION TO RATIONALISE ITS OPERATIONS

Alma Media’s two publishing companies operating in Satakunta region, Satakunnan Kirjateollisuus Oy and Porin Sanomat Oy, will start statutory personnel negotiations affecting all employees of the two companies. According to the tentative view of the companies, the total number of employees may be reduced by 20 man-years at the maximum due to the planned actions. Currently, the companies employ approximately 130 persons.

The target of the reorganisation and rationalisation is to increase the competitiveness of Satakunnan Kansa and Porin Sanomat newspapers in the turbulence of the media industry and to ensure the vitality of the papers also in the future.

The negotiations concern all employees of Satakunnan Kirjateollisuus Oy and Porin Sanomat Oy. The planned reorganisation would probably lead to decreased workload particularly in advertising handling and traffic, customer service, editorial staff and marketing functions.

The potential impacts on employees, and how the impacts would be allocated to personnel groups, will be defined during the negotiations.

For further information, please contact:

Petri Hakala, Publisher, Satakunnan Kirjateollisuus Oy, tel. +358 10 665 8234

Alma Media in brief

Alma Media is a dynamic media company whose best-known products are Aamulehti, Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs nearly 3,000 professionals. The company’s net sales in 2009 totalled MEUR 307.8 with an operating margin of 13.5 per cent. Alma Media’s share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.fi

Share article