Qt Group plans restructuring – may reduce by up to 200 positions
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Qt Group plans restructuring – may reduce by up to 200 positions

The software company Qt Group is planning a broad restructuring of its operations in order to increase operational efficiency, meet a changing market situation, and fully take advantage of synergies from acquisitions.

The restructuring is expected to generate annual cost savings of about 20 million euro, which are assessed to be fully realized in 2027. The outcome and timing of the savings depend on the final scope and implementation of the restructuring.

The company says that the planned measures globally could lead to as many as 200 positions being eliminated, of which 80 in Finland.

Qt Group will primarily examine opportunities for internal reassignment.
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