Outotec completes employee cooperation negotiations in Finland
(Thomson Reuters ONE) -
OUTOTEC OYJ PRESS RELEASE DECEMBER 12, 2014 at 9.10 AM
Outotec completes employee cooperation negotiations in Finland
The employee cooperation negotiations concerning Outotec's operations in Finland
have been completed. At the beginning of the negotiations on November 5, 2014
the estimated need for reductions in Finland was approximately 100 jobs. Outotec
will reduce in total 90 jobs in Finland, of which 83 jobs through redundancies.
The number of redundancies was smaller than estimated because it was agreed
locally with the employee representatives that the salary increases of 2015
based on collective agreements will be postponed to 2016.
Due to reduced workload and restructuring 39 jobs will be reduced in Espoo, 22
in Pori and Harjavalta, 12 in Outokumpu and 17 in Lappeenranta operations. Most
of the reductions will be completed in Finland by the end of 2014 and during the
first half of 2015. Outotec offers financial support for the persons made
redundant as well as training programs to support re-employment and
entrepreneurship.
In addition to personnel reduction, temporary lay-offs will take place in the
Turula and Lappeenranta production units during 2015. Possible temporary lay-
offs in other locations depend on the development of the market environment and
Outotec's order intake.
The personnel reductions are part of Outotec's global profitability improvement
program targeting EUR 45 million savings in annual operating costs (announced on
October 30, 2014). At the end of October, Outotec employed 1,420 persons in
Finland.
For further information please contact:
OUTOTEC
Eila Paatela, Director - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198
Emails: firstname.lastname(at)outotec.com
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Source: Outotec Oyj via GlobeNewswire
[HUG#1879483]
Unternehmensinformation / Kurzprofil:
Datum: 12.12.2014 - 08:10 Uhr
Sprache: Deutsch
News-ID 359055
Anzahl Zeichen: 2583
contact information:
Town:
Espoo
Kategorie:
Business News
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