Following negotiations with its employee representatives, Metso has decided to reduce the workforce of its Paper division by 400. The company thereby reacts to structural changes in the paper industry.
Metso has concluded talks with its employee representatives and will lay off 400 of the employees of its paper division. The company added that another 136 positions would be outsourced while 152 workers would retire and 14 transfer to new positions in other Metso units. The machine builder had announced the move in September when it started negotiations with a total of 4,100 employees.
Metso explained it needed to cut jobs in order to adjust manufacturing capacity of the group’s paper operations to the permanent structural changes that have impacted the business and weakened its competitiveness and profitability.
In the talks, Metso agreed that temporary layoffs which could affect jobs in units serving the paper industry in Juankoski, Jyväskylä, Järvenpää, Raisio and Valkeakoski would only be implemented if required by the low production and order book in 2013.
Metso said the redundancy and outsourcing measures were expected to result in savings of approximately €25m in annual operational costs.
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