Aug 8 (Reuters) - Glaston Oyj Abp GLA1V.HE:
GLASTON INITIATES ACTIONS TO INCREASE EFFICIENCY AND ALIGN COSTS TO MARKET SITUATION
PLANNED CHANGES COULD LEAD TO A REDUCTION OF UP TO 40 EMPLOYMENT CONTRACTS GLOBALLY
IMPACT IN FINLAND IS EXPECTED TO BE A REDUCTION OF A MAXIMUM OF 20 EMPLOYMENT CONTRACTS OUT OF APPROXIMATELY 220 EMPLOYED
SEES ANNUAL COST SAVINGS REACHING APPROXIMATELY EUR 6 MILLION
IS COMMITTED TO ITS MEDIUM-TERM (3−5 YEARS) STRATEGIC TARGETS
Source text: ID:nWkr29rQxC
Further company coverage: GLA1V.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))