Gofore and Huld begin planning for business integration and trimming of overlapping administration

As part of the change negotiations, Gofore and Huld also plan to trim overlapping functions between the parent company Gofore Plc’s and Huld Oy's administration. The planned reduction of overlapping support functions is part of the integration program, where one of the objectives is to identify and pursue cost synergies and streamline support functions. In this context, the possibility of personnel reductions in both companies’ administration is also being examined. The potential personnel reductions related to the streamlining of administration concern administrative employees of Gofore Plc and Huld Oy in Finland.

According to a preliminary estimate, the negotiations regarding administrative changes may lead to the termination of approximately 17 employment contracts. Gofore estimates that the planned change would result in annual savings of approximately 1.4 million euros. The change negotiations will begin on 10 November 2025 and are estimated to conclude in the beginning of December.

"Both customers and personnel have enthusiastically welcomed Huld joining Gofore. Joint sales and the delivery of shared services are already well underway. We are now beginning to plan the integration of our business organisations so that people working on the same accounts and projects will be in the same part of our organisation going forward," says Mikael Nylund, CEO of Gofore Oyj.

"The Huld acquisition is the largest in our history. As part of its integration program, we have identified overlaps only in administration that we are now aiming to trim. Our plan is to operationally merge the organisations in early 2026, when the first cost synergies are also expected to materialise," says Nylund.

"In the spring of 2025, we held change negotiations to align our expertise with customer demand, and we have focused on ensuring that the adjustment measures yield the desired results. As stated in our latest interim report, the direction has been right in the shape of a clear improvement in the utilisation rate, although there is still room for improvement," comments Nylund.

Further information

Release on closing the Huld acquisition on 1 September 2025
https://gofore.com/en/news/gofore-completes-the-well-received-huld-acquisition/

Gofore’s Interim Report January-September 2025 on 23 October 2025
https://gofore.com/en/news/gofore-plcs-interim-report-january-september-2025-q3-profitability-at-the-highest-level-of-the-year/

Mikael Nylund, CEO, Gofore Plc 
t. +358 40 540 2280 
mikael.nylund@gofore.com