Nixu Corporation has completed the co-operation negotiations

On 6 May 2020, Nixu announced that in order to prepare for the COVID-19 recession restructuring and a cost reduction program was required across Nixu Corporation. The company started related co-operation negotiations in Finland to reduce personnel of maximum under 10 employees and to temporary lay-off all Finland employees, up to 90 days, either full-time or part-time.

As a result of the completed co-operation negotiations, the number of personnel will be reduced by five employees. The temporary lay-offs will last on average, two weeks per person. The extent and duration of the temporary lay-offs may vary depending on the work situation of the employees. A large portion of the need for lay-offs is realized through voluntary holiday arrangements, such as the exchange of holiday bonus for time off. The temporary lay-offs will be implemented during 2020.

Nixu Corporation
 

Further information:
Petri Kairinen, Chief Executive Officer, Nixu Corporation
Telephone +358 40 832 1832, e-mail: petri.kairinen@nixu.com

Distribution:
www.nixu.com

Nixu in Brief:
Nixu is a cybersecurity services company on a mission to keep the digital society running. Our passion is to help organizations embrace digitalization securely. Partnering with our clients we provide practical solutions for ensuring business continuity, an easy access to digital services and data protection. We aim to provide the best workplace to our team of over 400 cybersecurity professionals with a hands-on attitude. With Nordic roots we serve enterprise clients worldwide. Nixu shares are listed on the Nasdaq Helsinki stock exchange.
www.nixu.com