Veikkaus to Make 200 Employees Redundant

Finland's gaming monopoly is planning to make up to 200 employees redundant, as Veikkaus announced last week they've entered negotiations with 830 employees who're possibly going to be affected.

Veikkaus has been facing a bit of upheaval, as the company's monopoly has been challenged, with calls from industry groups to let the country open its industry to outside operators. The company has also been negatively impacted by the Covid-19 pandemic, as the company has taken a number of consumer protection measures to reduce the maximum losses of players. This has cost the company millions, but has helped define it indeed putting players first.

Negotiations will involve potential buyouts of employees, helping them transition out of the company as they look for other careers.

Commenting on the situation Veikkaus Senior VP for Channels and Sales Jari Heino said, "Our future will be successful if we can adjust our operations to meet the demands of the operating environment while offering the players a responsible, high-quality customer experience.

"We will continue to maintain an extensive network of retailers and game providers, while making the operations of our gaming arcades more uniform. We also want to keep investing in our brick-and-mortar retail network and to work to preserve its vitality."