Alma Media Corporation Press release December 27, 2012 at 11:00 (EET)
KAUPPALEHTI'S STATUTORY PERSONNEL NEGOTIATIONS CONCLUDED
The statutory personnel negotiations concerning the staff of Kauppalehti Oy's media business operations, started in the beginning of December, have now been concluded. A maximum of nine employees were likely to be made redundant. Due to operational reorganisation, the reduction of the workforce amounted to six full-time work years. No employee, however, was made redundant; instead, the workforce reduction will be carried out through voluntary agreements. The new organisation for Kauppalehti's media business operations will become effective on January 1, 2013.
For more information, please contact:
Juha-Petri Loimovuori, Managing Director, Kauppalehti Oy, tel. +358 500 511036,
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 approximately 3,000 professionals. The company's revenue in 2011 totalled MEUR 316.2 with an operating margin of 13.3 per cent. Alma Media's share (ALN1V) is listed in the NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.com.