TIDMQPR1V 
 
 
   QPR Software Plc, Inside information, November 2, 2020 at 1:30 PM 
 
   Co-determination negotiations in QPR Software Plc and its subsidiary QPR 
Services Oy regarding temporary part-time lay-offs have been concluded. 
Negotiations were initiated, because there was a need to adjust 
operations in the circumstances caused by COVID-19. 
 
   Altogether 65 employees were included in co-determination negotiations 
and these negotiations led to 60 temporary part-time lay-offs. The 
lay-offs will be fully concluded by the end of April 2021. 
 
   Since the business impact of the Covid-19 -situation is estimated to be 
temporary, redundancies were not considered in the negotiations. 
 
   QPR Software Plc 
 
   Additional information 
 
   Jari Jaakkola, CEO 
 
   tel. +358 40 5026 397 
 
   email: jari.jaakkola(at)qpr.com 
 
   DISTRIBUTION: 
 
   NASDAQ OMX Helsinki Oy 
 
   Main media 
 
   www.qpr.com

(END) Dow Jones Newswires

November 02, 2020 06:30 ET (11:30 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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