Ixonos - Company Announcement

IXONOS STARTS CO-OPERATIONAL NEGOTIATIONS WITH ITS PERSONNEL IN FINLAND

Helsinki, Finland, 2016-08-02 12:00 CEST (GLOBE NEWSWIRE) -- IXONOS PLC        
         STOCK EXCHANGE RELEASE              2.8.2016 at 13:00 



IXONOS STARTS CO-OPERATIONAL NEGOTIATIONS WITH ITS PERSONNEL IN FINLAND



The negotiations concern the whole personnel in Finland, excluding Kemi and
Oulu offices. 

The goal of the co-operational negotiations is to adjust the personnel costs
primarily through temporary measures in order to align them with the market
demand. An additional goal is to enhance the efficiency of the company’s
operation. 

It is estimated that the negotiations will result in temporary lay-offs for a
maximum of 90 days for part of the personnel and in job terminations for a
maximum of 9 persons. 



IXONOS PLC

Sami Paihonen

President and CEO



Additional information:

CEO Sami Paihonen, tel. + 358 50 502 1111, sami.paihonen@ixonos.com

CFO Kristiina Simola, puh. 040 756 3132, kristiina.simola@ixonos.com



Distribution:

NASDAQ OMX Helsinki

Main media



www.ixonos.com

Attachments:

Stock release_Ixonos starts co-operational negotiations with its personnel in Finland.pdf