QPR SOFTWARE PLC Qpr Software Has Concluded Co-determination Negotiations
November 02 2020 - 6:30AM
UK Regulatory
TIDMQPR1V
QPR Software Plc, Inside information, November 2, 2020 at 1:30 PM
Co-determination negotiations in QPR Software Plc and its subsidiary QPR
Services Oy regarding temporary part-time lay-offs have been concluded.
Negotiations were initiated, because there was a need to adjust
operations in the circumstances caused by COVID-19.
Altogether 65 employees were included in co-determination negotiations
and these negotiations led to 60 temporary part-time lay-offs. The
lay-offs will be fully concluded by the end of April 2021.
Since the business impact of the Covid-19 -situation is estimated to be
temporary, redundancies were not considered in the negotiations.
QPR Software Plc
Additional information
Jari Jaakkola, CEO
tel. +358 40 5026 397
email: jari.jaakkola(at)qpr.com
DISTRIBUTION:
NASDAQ OMX Helsinki Oy
Main media
www.qpr.com
(END) Dow Jones Newswires
November 02, 2020 06:30 ET (11:30 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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