QPR SOFTWARE PLC Change Negotiations Regarding The Adjustment Of Qpr Software Plc's Strategy And The Related Change In Organizational Structure Have Ended
05 Enero 2024 - 1:00AM
UK Regulatory
TIDMQPR1V
QPR SOFTWARE PLC STOCK EXCHANGE RELEASE 5 January 2024, at 9 a.m. EET
On December 14, 2023, QPR Software Plc announced its adjusted
strategy and the planned change in its organizational structure to
support it and submitted a negotiation proposal in accordance with
the related Cooperation Act to start the change negotiations. The
change negotiations have been completed on Thursday, January 4,
2024.
During the change negotiations, the Company planned to change
its organizational structure to support its adjusted strategy. The
goal of the planned changes is to support the more efficient
organization of QPR Software's operations, to try to respond to
changes in the operating environment, and to renew the
organizational structure in order to achieve the Company's
long-term growth and profitability goals.
Change negotiations were held separately in both QPR Software
Plc and QPR Services Oy. As a result of the negotiations, the
Company will terminate a maximum of four (4) positions at QPR
Software Plc and a maximum of six (6) positions at QPR Services
Oy.
According to preliminary estimates, the measures that may be
implemented after the change negotiations of both companies could
lead to temporary layoffs of the personnel for a maximum of 90 days
and, in addition, the termination of a maximum of six (6) positions
at QPR Software Plc and a maximum of nine (9) jobs at QPR Services
Oy.
For further information:
Heikki Veijola
Chief Executive Officer
QPR Software Plc
Tel. +358 40 922 6029
About QPR Software
QPR Software Plc (Nasdaq Helsinki) provides process mining,
performance management, and enterprise architecture solutions for
digital transformation, strategy execution, and business process
improvement in over 50 countries. QPR software allows customers to
gain valuable insights for informed decisions that make a
difference.
www.qpr.com
DISTRIBUTION
Nasdaq Helsinki
Key medias
www.qpr.com
(END) Dow Jones Newswires
January 05, 2024 02:00 ET (07:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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