-+ 0.00%
-+ 0.00%
-+ 0.00%
Kempower to Cut Up to 120 Jobs Amid Organizational Restructuring
Share
Listen to the news
02:12 AM EST, 11/04/2026 (MT Newswires) -- Kempower (KEMPOWR.HE) launched an organizational restructuring program that would affect up to 120 employees globally, including a maximum of 80 in Finland. The electric vehicle charging equipment maker will start change negotiations on Nov. 11, which are expected to concern 420 employees, according to a Wednesday release. Final decisions will depend on the conclusion of the change negotiations. The changes, expected to take effect in January 2027, are estimated to save more than 15 million euros annually for the company, with full run-rate effect starting in the third quarter of 2027.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending