Tecnotree completes the global business rationalisation and personnel-related restructuring
Tecnotree Corporation Stock Exchange Release 6 May 2024 at 16.00 EESTFollowing our global cost efficiency announcement on 28 March 2024, Tecnotree has concluded its personnel-related restructuring, which started on March 14, 2024, and ended on May 02, 2024. This restructuring project encompassed personnel in Finland, India, Middle East, and rationalising the non-telco resources in North America, and has resulted in a total reduction of 116 employees. In North America, Tecnotree terminated its TrustStar product offering to the American mortgage market resulting in savings of EUR 1.5