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Growth 8Transformation 29Decline 11Under construction & planned 4
Key figures
2,178affected by layoffs and closuresfrom 10 reports · since Mar 20260.8 per 1,000 in the labour force
Largest job cuts
- Telia to cut around 900 jobs across Nordic and Baltic markets900 Affected staff ·
- OP Pohjola to cut up to 554 jobs in Finland554 Affected staff ·
- Nokia plans to cut up to 253 jobs in Finland253 Affected staff ·
Sectors
| Sector | Entries | Affected staff |
|---|---|---|
| Finance / Insurance | 5 | 554 |
| Industry | 5 | 198 |
| IT / Software | 4 | 9 |
| Banking | 2 | 106 |
| Energy | 2 | — |
Follow-up
Followed up: 2 of 2 announcements older than six months.
Documented outcome: scaled back: 2.
All outcomes and relocations →
Open cases
- OP Pohjola to cut up to 554 jobs in FinlandNext milestone: 2 Nov 2026
- Google to invest €13bn in AI data centres in FinlandNext milestone: 5 Nov 2026
- EU Commission raises concerns over UPM-Sappi paper JVNext milestone: 30 Nov 2026
- Public Property Invest to buy SBB social-property portfolio for SEK1.35bnNext milestone: 31 Dec 2026
- Iberdrola to acquire 80% of Finland's Caruna grid operatorNext milestone: 31 Mar 2027
Sums of the reports recorded in the tracker since recording began, not a complete picture of the labour market.
2026
- Auroora Yhtiöt buys majority of Coating Source · Mergers · 🇫🇮 Finland
- Valmet buys Tieto's MES business for pulp and paper · Mergers · 🇫🇮 Finland
- Helsinki social association Kalliolan Setlementti files for bankruptcy · Closures · 🇫🇮 Finland
- Danske Bank to cut 106 jobs across six countries · Layoffs · 🇩🇰 Denmark / Norway / Finland / Lithuania / Poland / Sweden
- Atria ends cattle slaughter in Jyväskylä, around 20 jobs affected · Layoffs · 🇫🇮 Finland
- Metso to acquire Brazilian bronze parts maker Italbronze · Mergers · 🇫🇮 Finland / Brazil
- Lemonsoft opens change negotiations, up to 9 jobs at risk · Layoffs · 🇫🇮 Finland
- Telia to cut around 900 jobs across Nordic and Baltic markets · Layoffs · 🇸🇪 Sweden / Finland
- NYAB starts preparatory works for 200 MW data centre campus in Utajärvi · Digitalization · 🇫🇮 Finland
- Nokia plans to cut up to 253 jobs in Finland · Layoffs · 🇫🇮 Finland
- CapMan and AP Pension buy Hotel Scandic Webers in Copenhagen · Mergers · 🇩🇰 Denmark / Finland
- Commission selects 46 more strategic raw materials projects · Policy · 🇧🇪 Belgium / Bulgaria / Estonia / Finland / France / Germany / Greece / Italy / Lithuania / Netherlands / Poland / Portugal / Romania / Slovakia / Spain / Sweden
- Sesterce plans €10bn AI campus at Kaipola mill site in Jämsä · Digitalization · 🇫🇮 Finland
- Applied Digital secures up to 1 GW of power for AI campus in Finland · Digitalization · 🇫🇮 Finland
- Commission backs Finland's fifth €229m payment request · Policy · 🇫🇮 Finland
- atNorth plans data centre worth about €2bn in Salo · Digitalization · 🇫🇮 Finland
- OP Pohjola to cut up to 554 jobs in Finland · Layoffs · 🇫🇮 Finland
- PPI plans bids for Origa Care and One Publicus · Mergers · 🇸🇪 Sweden / Finland
- Stora Enso plans to close Kristiinankaupunki plant · Closures · 🇫🇮 Finland
- Public Property Invest to buy SBB social-property portfolio for SEK1.35bn · Mergers · 🇸🇪 Sweden / Finland / Norway
- Cartel office clears Kemira's takeover of Sidra Wasserchemie · Policy · 🇩🇪 Germany / Finland
- Google to invest €13bn in AI data centres in Finland · Expansions · 🇫🇮 Finland
- Cerebras and Compute Nordic build 165MW AI data centre in Mikkeli · Digitalization · 🇫🇮 Finland
- EU Commission raises concerns over UPM-Sappi paper JV · Mergers · 🇫🇮 Finland / South Africa
- Väylävirasto opens extra track between Kytömaa and Ainola · Infrastructure · 🇫🇮 Finland
- Mandatum buys 78.4% of Swedish asset manager Cliens · Mergers · 🇫🇮 Finland / Sweden
- Tornio–Haparanda cross-border rail service resumes after 30 years · Infrastructure · 🇫🇮 Finland
- Valmet reviews split into two listed companies · Mergers · 🇫🇮 Finland
- Iberdrola to acquire 80% of Finland's Caruna grid operator · Mergers · 🇫🇮 Finland / Spain
- Barona withdraws up to 81 agency workers from Škoda Transtech plant · Layoffs · 🇫🇮 Finland
- Pure Data Centres to build €1.5bn AI data centre campus in Seinäjoki · Expansions · 🇫🇮 Finland
- Fenniarail to get new depot and headquarters in Kouvola by autumn 2027 · Expansions · 🇫🇮 Finland
- S-Pankki bids €571m for Oma Säästöpankki · Mergers · 🇫🇮 Finland
- Cerebras announces multi-billion European AI capacity expansion · Digitalization · 🇫🇷 France / Norway / Finland
- Finland stops rail freight imports from Russia at end of July 2026 · Policy · 🇫🇮 Finland / Russia / Estonia / Latvia
- Fortum to acquire Elmera for about NOK 5.1bn · Mergers · 🇫🇮 Finland / Norway
- Kesko to acquire Dahl businesses in Sweden, Norway and Denmark · Mergers · 🇫🇮 Finland / Sweden / Norway / Denmark / France
- Škoda Transtech plans to cut up to 200 jobs at Otanmäki plant · Layoffs · 🇫🇮 Finland
- VR opens Wheel Works wheelset maintenance centre in Pieksämäki · Expansions · 🇫🇮 Finland
- Supercell to take full ownership of Merge Mansion developer Metacore · Mergers · 🇫🇮 Finland
- Kone to buy lift maker TK Elevator for €29.4bn · Mergers · 🇫🇮 Finland / Germany
- Coop Eesti to take over 13 Prisma stores from SOK · Mergers · 🇪🇪 Estonia / Finland
- VR plans to cut up to 110 jobs in logistics and maintenance · Layoffs · 🇫🇮 Finland
- Suomen Ostoliikennekalusto buys trains from VR for about €250m · Mergers · 🇫🇮 Finland
2025
- Finnish government submits 2026 supplementary budget with rail funding · Policy · 🇫🇮 Finland / Sweden
- Finland and municipalities agree up to €800m for Länsirata railway · Policy · 🇫🇮 Finland
- Finland electrifies Hyvinkää–Hanko railway line · Infrastructure · 🇫🇮 Finland
- Tampere tram Line 1 reaches Lentävänniemi · Infrastructure · 🇫🇮 Finland
2026 · planned
- Helsinki to open Crown Bridges tram line on 7 November 2026 · Under construction & planned · 🇫🇮 Finland
2027 · planned
- GlobalConnect to lay fibre cable between Sweden, Estonia and Finland · Under construction & planned · 🇪🇪 Estonia / Sweden / Finland
2029 · planned
- Vantaa builds new light rail line to Helsinki Airport · Under construction & planned · 🇫🇮 Finland
2033 · planned
- Turku approves 12 km tram line, service to start in autumn 2033 · Under construction & planned · 🇫🇮 Finland