2024-05-06 16:00:00 CEST

2024-05-06 16:00:01 CEST


REGULATED INFORMATION

Finnish English
SSH Communications Security Oyj - Inside information

SSH COMMUNICATIONS SECURITY COMMENCES CHANGE NEGOTIATIONS TO IMPROVE PROFITABILITY


SSH Communications Security Corporation | Inside Information | May 06, 2024 at 17:00:00 EEST

SSH initiates change negotiations in order develop and align capabilities in the organization to better support the company's strategy and improve commercial performance.
 
The change negotiations, as per the Finnish Act on Co-operation, will cover all personnel groups and operations in Finland, including 124 employees.
 
The estimated need for personnel reductions is at most 15 people. The negotiation process is initiated on May 14th and is estimated to be completed during June 2024.

SSH COMMUNICATIONS SECURITY CORPORATION

Rami Raulas
Interim CEO

For further information:
Rami Raulas, Interim CEO, tel. +358 50 331 1741, email Rami.Raulas@ssh.com
Michael Kommonen, CFO, tel. +358 40 183 5836, email Michael.Kommonen@ssh.com

Distribution:
Nasdaq Helsinki Ltd.
Major media
www.ssh.com

About SSH
SSH is a leading defensive cybersecurity company that secures communications and access for and between humans, systems, and networks. Our customers include a diverse range of enterprises, from multiple Fortune 500 companies to SMBs across various sectors such as Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government.

We help our customers secure their business in the hybrid cloud and distributed IT and OT infrastructures. Our biometric, passwordless, and keyless PrivX Zero Trust solutions reduce costs and complexity while quantum-safe encryption keeps critical connections future-proof. Our teams and partners in North America, Europe, and Asia ensure customer success. The company’s shares (SSH1V) are listed on Nasdaq Helsinki. www.ssh.com