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

Metsa Board Oyj

28/10/2024 10:27

Oct 28 (Reuters) - Metsa Board Oyj  METSB.HE :
    * STARTS CHANGE NEGOTIATIONS ON POSSIBLE TEMPORARY LAYOFFS
IN
FINLAND
    * POSSIBLE TEMPORARY LAYOFFS FOR ITS PAPERBOARD AND BCTMP
MILLS IN
FINLAND
    * NEGOTIATIONS INVOLVE TOTAL OF 1,100 EMPLOYEES AT JOUTSENO,
KASKINEN, KEMI, KYRO, TAMPERE, SIMPELE AND ÄÄNEKOSKI MILLS
    * THE POSSIBLE LAYOFFS WOULD LAST A MAXIMUM OF 90 DAYS AND
THEY
COULD BE IMPLEMENTED IN SEVERAL INSTALLMENTS DURING 2025
    * CO IS PREPARING TO ADAPT THE PRODUCTION TEMPORARILY FOR
LOW
DELIVERY VOLUMES IN CASE DEMAND SITUATION IN 2025 WOULD NOT
IMPROVE
    * WITH CHANGE NEGOTIATIONS,  CO IS PREPARING TO ADAPT
PRODUCTION
TEMPORARILY FOR LOW DELIVERY VOLUMES IN CASE DEMAND SITUATION IN
2025 WOULD NOT IMPROVE
    * WITH CHANGE NEGOTIATIONS, CO IS PREPARING TO ADAPT
PRODUCTION
TEMPORARILY FOR LOW DELIVERY VOLUMES IN CASE DEMAND SITUATION IN
2025 WOULD NOT IMPROVE

Source text:  ID: 
Further company coverage:  METSB.HE 

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