Finnish paperboard company Metsä Board has confirmed its plans to temporarily layoff a total of 1,100 employees from its facilities across Finland.
In a press release held on 17 May, the company revealed that it will commence change negotiations on the potential elimination drive from next week.
The company said that this change negotiation is scheduled to commence from 22 May, and is projected to run for about two weeks.
Detailing about the latest mass layoff decision, Metsä informed that this possible elimination drive will continue for a ‘maximum’ of 90 days.
There is also a possibility that these layoffs could be carried out in various different stages or instalments, but they are still expected to be finalised by the end of the year.
This change negotiations will allow Metsä Board to speed up its preparations to adapt its production for comparatively low delivery volumes for this temporary duration.
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By GlobalDataMetsä Board said that the ‘allocation’ and the ‘amount’ of eliminations will be confirmed by the company later this year.
These possible layoffs will affect employees working at Metsä Board’s paperboard and bleached chemi-thermomechanical pulp (BCTMP) mills across Finland.
It will span more than five mills, including the Kaskinen BCTMP mill, the Kyro mill in Kyröskoski, the Kemi pulp mill, the Äänekoski board mill, the Simpele mill in south-east Finland, the Tako mill in Tampere and the Joutseno BCTMP mill in Lappeenranta.
Earlier this month, the company opened its renewed pulp mill in Husum, Sweden, as part of the first stage of an expansion initiative that aimed to boost the production capacity of the site.
The upgraded facility now features a new recovery boiler and turbine.