Valmet Oyj concludes change negotiations in its Paper business line in Finland, resulting in 112 terminations and up to 1,300 employee impacts.

Valmet Oyj has concluded change negotiations in its Paper business line in Finland, impacting about 1,300 employees. This will result in the termination of 112 positions, along with additional fixed-term layoffs, retirements, and internal transfers. The company plans temporary layoffs for up to 90 days in early 2025. Valmet, which employs over 19,000 people worldwide, will provide career coaching to assist those affected.

October 21, 2024
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