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- UPM Fibres Initiates Change Negotiations in Finland, May Lead to Reduction of 110 Positions
UPM Fibres Initiates Change Negotiations in Finland, May Lead to Reduction of 110 Positions
By OTW
October 17, 2024
UPM Fibres announced “planned measures” that include the possible reduction of 110 positions in the UPM Pulp operations in Finland, UPM Forest and UPM Timber.
Change negotiations have started in UPM’s Fibres Finland Operations that cover approximately 1,600 employees.
UPM said the change negotiations will also include possible temporary layoffs in the UPM Pulp operations in Finland and in UPM Timber.
UPM said these measures will increase efficiency and safeguard the profitability of its operations in Finland.
In a written statement, UPM said, “The possible temporary layoffs could take place according to the market situation, if and as needed, between 1 January 2025 and 30 June 2025. Any temporary layoffs could be implemented in stages and could last in total a maximum of 90 days.”
Post Tags
- Finnish Paper Industry
- Industrial Change Management
- Industrial Innovation Impact
- Industrial Sustainability Practices
- Industry Consolidation Trends
- Manufacturing Cost Reduction
- Manufacturing Efficiency Measures
- Manufacturing Restructuring
- Operational Excellence
- Operational Profitability
- Paper Industry Evolution
- Paper Industry Transformation
- Paper Manufacturing Leadership
- Paper Mill Optimization
- Pulp Mill Operations
- Pulp Operations Efficiency
- Pulp Production Strategy
- Strategic Business Transformation
- Strategic Workforce Management
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