Valmet Oyj initiates change negotiations affecting 1,300 Finnish paper industry employees, aiming for enhanced profitability and competitiveness.

Valmet Oyj, a Finnish company in the paper industry, is initiating change negotiations affecting about 1,300 employees in its Paper Mills business unit in Finland. The goal is to enhance profitability and competitiveness through organizational restructuring and adjusted work methods. Potential outcomes include temporary and permanent layoffs and retirements, with an estimated reduction of around 200 permanent positions. Valmet employs over 19,000 people globally.

September 05, 2024
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