More Finnish employees are being tested for drug use than ever before, according to a new report. Read the full story

16 men and 26 women were yesterday made redundant from Íslandsbanki bank in Iceland. A statement from the bank says the redundancies are an unavoidable consequence of its recent government-mediated merger with the troubled BYR savings bank. In addition to the redundancies a further 21 employees will leave the company in a combination of retirements and voluntary terminations. Read the full story

Finnish-German telecoms giant Nokia Siemens has surprised the business world by announcing 17,000 job cuts, representing a very-significant 23 percent of its workforce. Read the full story

The Icelandic government has approved a request for job seekers in the country to be paid a Christmas bonus again this year. Read the full story

The Swedish branch of Durex has caused a surge of excitement after launching an advertising campaign appealing for condom testers. Read the full story

Iceland’s overdue national wage contract has now been signed by 12 trades unions, the Icelandic Confederation of Labour and the Icelandic Confederation of Employers. Read the full story

The Icelandic nation could benefit by ISK six billion (EUR 37.1 million) a year if all its fish catches were landed and processed domestically. So says the head of the country’s fish processors’ and exporters’ association. Read the full story

65 Reykjavik Energy staff members lost their jobs yesterday. The majority of them worked in education and publicity. Read the full story

As youth unemployment soars in Sweden, more youngsters are fleeing across the border to Norway in an attempt to find work. A quarter of Swedes aged between 15 and 24 now find themselves outside the labour market in their home country, with the ongoing economic crisis only making matters worse. Read the full story

According to Finns, the consulting firm Accenture is the top large company to work for in that country this year. Read the full story