Stockmann to adjust the sales and distribution centre operations of the Finnish department store business due to the coronavirus pandemic and initiates codetermination negotiations
STOCKMANN plc, Press release 11.2.2021 at 15:00 EET To minimize the negative financial impact of the prolonged coronavirus pandemic, Stockmann adjusts its personnel resources to the declined number of customers and initiates codetermination negotiations on temporary layoffs of staff. The negotiations concern the sales and distribution centre operations of the department store business in Finland. A total of approximately 870 people are covered by the negotiations. The aim of the measure is to save approximately EUR 3 million in personnel costs during 2021. "The coronavirus pandemic