Notes to the consolidated financial statements (IFRS)

32. EVENTS AFTER THE BALANCE SHEET DATE
 
On 13 January 2015, Tieto initiated personnel negotiations affecting up to 500 positions in Finland and 340 in other countries, mainly in Sweden and the Czech Republic. Negotiations are related to the company's service and competence renewal. The planned reductions will affect the Managed Services (up to 650) and Consulting and System Integration (up to 190) service lines. It is expected that the reductions will be implemented during 2015.