The international IT company Tietoevry Create plans to lay off 400 employees, mainly affecting competence centers in Bulgaria, Ukraine and India, according to the company’s website. Overall, the company employs 10,000 people across 23 countries in Europe, Asia, North and Latin America.
- Tietoevry Create is an international IT company that specializes in providing digital services and software solutions to a wide range of industries. The company is headquartered in Finland and operates in 23 countries across Europe, Asia, North America, and Latin America, employing approximately 10,000 people globally.
- Tietoevry Create focuses on various sectors, including healthcare, banking, energy, and public services, delivering advanced IT solutions such as cloud services, data-driven insights, and enterprise applications. The company’s mission is to support its clients in their digital transformation journeys by leveraging cutting-edge technology and industry expertise.
The decision was made due to a transition to a new operating model, which involves the integration of three previously independent subsidiaries: MentorMate, EVRY India, and Ukraine’s Infopulse. These processes are planned to be completed by the end of the Q4 2024.
Operational simplification leads to the potential reduction of some non-billable roles in administration and management,
the company reports.
Accroding to DOU, these changes are prompting Infopulse to reduce 70 specialists in Ukraine. The company states that this concerns only administrative and managerial positions and will not affect the bench and developers. Those affected by the reduction will be offered support.