Metsä Board Oyj
Metsä Board Oyj
10/28/2024 | Press release | Distributed by Public on 10/28/2024 04:07
Metsä Board starts change negotiations on possible temporary layoffs in Finland
Metsä Board Corporation will initiate change negotiations on possible temporary layoffs for its paperboard and BCTMP mills in Finland. The negotiations involve a total of 1,100 employees at the 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.
The change negotiations will start in week 46, and they are estimated to last two weeks.
With the change negotiations, the company is preparing to adapt the production temporarily for low delivery volumes in case the demand situation in 2025 would not improve. The allocation, amount and timing of possible layoffs will be specified during 2025.
METSÄ BOARD CORPORATION
For further information:
Marjo Halonen, VP Communications, Metsä Board
Mobile: +358 (0)50 598 7046
Email: [email protected]
Metsä Board
metsagroup.com/metsaboard
metsagroup.com/metsaboard
Metsä Board is a producer of lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a safe, renewable and recyclable resource, that can be traced back to northern forests. We aim to have completely fossil free mills and raw materials by the end of 2030. We promote a culture of diversity, equality and inclusion.
Metsä Board is listed on the Nasdaq Helsinki. In 2023 our sales totalled EUR 1.9 billion, and we have around 2,300 employees. Metsä Board is part of Metsä Group, whose parent company Metsäliitto Cooperative is owned by over 90,000 Finnish forest owners. The sales of the whole Metsä Group were EUR 6.1 billion.