Bittium Corporation has decided to start change negotiations as part of measures to improve its profitability and develop its operations towards independent business units. The change negotiations concern all Bittium group's subsidiaries in Finland, and the negotiations cover around 600 employees. The planned measures, if implemented, could lead to a termination of employment or lay-offs of a maximum of 80 employees.

Change negotiations are initiated for financial and production-related reasons as well as for reasons related to the reorganization of the company's operations. The company has previously stated that it is developing its operations towards independent business units, which are Defense & Security, Medical Technologies, and Connectivity Solutions. The company aims at a clearer focus, growth, and improvement of its ability to generate profits.

The development of operations will be completed during 2023, and the company will start segment-based reporting based on the new structure from the beginning of 2024 at the latest. As part of this development, the company plans to change its organizational structure to serve its independent business units more efficiently.