UPM starts talks on temporary layoffs

UPM business units UPM Pulp, UPM Timber, UPM Communication Papers and UPM Biofuels will start change negotiations on possible temporary layoffs.

The negotiations are conducted to prepare for possible temporary adjustment of production in the Finnish units should the uncertainty in the operating environment continue, UPM announced.

Earlier this year, the company already conducted change negotiations concerning temporary layoffs in UPM Specialty Papers, UPM Plywood, UPM Raflatac, UPM Biocomposites and UPM Raumacell.

The current negotiations affect all UPM pulp mills, sawmills, and graphic paper mills in Finland, as well as the Lappeenranta biorefinery.

The change negotiations cover approximately 780 employees at UPM Pulp's Finnish operations, approximately 235 employees at UPM Timber sawmills, approximately 1,100 employees at UPM Communication Papers' Finnish mills and approximately 90 employees at the UPM Biofuels Lappeenranta biorefinery.

Possible temporary layoffs could take place from 1 January until 30 June 2024 in UPM Pulp, UPM Timber and UPM Biofuels and from 1 March until 31 August 2024 in UPM Communication Papers. Any temporary layoffs could be implemented in stages and would last a maximum of 90 days in total. Decisions on possible temporary layoffs will be made after the change negotiations have been concluded, UPM said.

 

 

 

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