Finnish News Agency STT to Close After Nearly 140 Years, Cutting 89 Jobs
45 Articles
45 Articles
Following the restructuring negotiations, STT’s board of directors stated that it “has decided to close the operations of the company’s news and photo agency” on March 31, 2027. “Next Sunday exactly 139 years have passed since STT began operating in its initial form. I see the closure of our news and photo operations as a tragedy for Finnish society as a whole,” said the company’s CEO, Kimmo Laaksonen, in a statement. As a result, the Nordic cou…
FINNISH agency STT is shutting down in 2027 after 140 years of operation due to losses, leaving the country without a national news service and 89 jobs.
Finnish news agency STT to close after nearly 140 years, cutting 89 jobs
Finland’s national news agency STT will shut down its news and photography operations at the end of March 2027, ending almost 140 years of journalism and eliminating 89 jobs following years of financial losses. The company announced the decision on Thursday, after completing restructuring negotiations that began earlier this month. The closure will affect all 68 journalists employed by the agency, including reporters, editors and photojournalist…
One of the world's oldest Finnish news agencies, STT, said on Thursday that it would shut down its news and photo services next year after years of financial difficulties.
After 139 years of operation, it was unable to cope with the financial difficulties it was facing - Finally, in the field of information and photography, it will continue broadcasting corporate press releases
Finland's oldest and only news agency STT will cease to operate in March 2027 against a background of long-standing financial difficulties. As a result of restructuring, the company will shut down the news and photo agency units, hand over RIA News. "This is a difficult day for the entire STT, and I regret on behalf of all the staff. The financial difficulties of STT are long overdue, and we have now come to a solution that no one would want," s…
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