Alma Media Corporation Press release May 8, 2009
AAMULEHTI TO START STATUTORY PERSONNEL NEGOTIATIONS AFFECTING LESS THAN 30 EMPLOYEES
Publishing company Aamulehti, part of Alma Media Group, will begin statutory personnel negotiations affecting less than 30 employees. The negotiations concern Aamulehti's circulation and consumer marketing (excl. customer service), the support functions of advertising sales, the Brand & research unit as well as internal services provided by the administration department.
In the negotiations various alternatives to reorganize the said operations and to improve the use of resources will be examined. The resolutions may lead to termination of 6 to 8 employment contracts.
For further information, please contact:
Juha Ruotsalainen, Managing Director, Aamulehti, tel +358 10 665 3389 or +358 50 515 1440
Alma Media in brief
Alma Media is a profitably growing and internationally expanding company that invests in the future of newspapers and online media. It's best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.
Net sales in 2008 totalled EUR 341million and the operating margin was over 14%. The company's share is listed in the Mid Cap segment of the NASDAQ OMX Helsinki Exchange, trading code ALN1V.