Brief: Metsä Board Starts Change Negotiations On Possible Temporary Layoffs In Finland

Metsa Board Oyj

26/10/2023 08:22

Oct 26 (Reuters) - Metsa Board Oyj  METSB.HE :
    * INSIDE INFORMATION: METSÄ BOARD COMMENCES CHANGE
NEGOTIATIONS ON
POSSIBLE TEMPORARY LAYOFFS IN FINLAND
    * WILL INITIATE CHANGE NEGOTIATIONS ON POSSIBLE TEMPORARY
LAYOFFS
FOR ITS PAPERBOARD AND BCTMP MILLS IN FINLAND
    * NEGOTIATIONS INVOLVE A TOTAL OF APPROXIMATELY 1,100
EMPLOYEES AT
JOUTSENO, KASKINEN, KEMI, KYRO, TAMPERE, SIMPELE AND ÄÄNEKOSKI
MILLS
    * POSSIBLE LAYOFFS WOULD LAST A MAXIMUM OF 90 DAYS AND COULD
BE
IMPLEMENTED IN SEVERAL INSTALMENTS DURING 2024

Source text for Eikon:  ID:nWkr6mDZ4m 
Further company coverage:  METSB.HE 

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