Inside information: Eagle Filters Group to start change negotiations

In accordance with the Act on Cooperation, Eagle Filters Group starts change negotiations affecting parts of the organization of Eagle Filters Oy on 14 March 2024. In the change negotiations, the Company targets to respond to changes in the operating environment and change its organization to improve profitability, reduce operational costs and prepare for the potential implications of the on-going political strike. 

According to the Company’s preliminary estimates, the measures that may be implemented after the change negotiations could lead to changes in teams and roles as well as temporary and permanent layoffs. The estimated number of permanent reductions is a maximum of 9 persons. The exact details regarding the extent and targeting of the potential layoffs will be clarified during the negotiation process.

Eagle Filters Group employs approximately 60 permanent employees. The negotiations will last until approximately 4 April 2024 in accordance with the Act on Cooperation. 

For more information:
Jarkko Joki-Tokola, CEO, Eagle Filters Group Oyj. jarkko@eaglefiltersgroup.com

_{Eagle Filters Group Oyj discloses the information provided herein pursuant to the Market Abuse Regulation ((EU) No 596/2014, ”MAR”). The information was submitted for publication by the aforementioned person on 14 March 2024 at 17:00 (EET).}