FINLAND - Finnish financial services group Sampo said plans to cut costs using staff synergies worth 500 man-years have not yet been realised since its merger with Leonia.
The term ‘man year’ refers to the measure of work performed by one employee over one year. Sampo will begin restructuring measures and establish the extent of staff reductions and the eliminatio...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders