Valmet to start co-determination negotiations for temporary lay-offs in Finland

Image: JJ Ying on Unsplash

The global Covid-19 pandemic continues to cause dubiousness in Valmet's operating environment. This has impacted especially the workload in the services business, which is done close to customers.

During the year, Valmet has strived to balance the workload of the services employees by moving employees to other parts of the company, reducing new recruitments, and by utilizing vacations. Also, temporary lay-offs accept already been realized earlier this yr.

Due to fiscal and production-related reasons, peculiarly because of the decreasing workload, the company starts co-determination negotiations for temporary lay-offs in Finland on November 24, 2020. The employees under negotiations are Services business organization line's employees in Finland and the employees of the EMEA expanse organization in Finland. The lay-offs are going to be temporary, and they are estimated to terminal up to 90 days at maximum.

At this point, it is estimated that the need for temporary lay-offs concerns around 360 employees. The targeting of the lay-offs and the number of impacted employees will be finalized during the co-determination negotiations.

Valmet employs about v,200 people in Finland, of which almost 1,680 employees in services business organization line and EMEA area organisation.

Valmet is a global developer and supplier of procedure technologies, automation, and services for the pulp, paper, and free energy industries. Its strong technology offering includes pulp mills, tissue, board, and newspaper production lines, as well as ability plants for bioenergy production. Its avant-garde services and automation solutions better the reliability and performance of our customers' processes and enhance the constructive utilization of raw materials and energy.

Valmet'south net sales in 2022 were approximately EUR 3.5 billion (approximately Rs 30,848 crore). Its head function is in Espoo, Finland, and its shares are listed on the Nasdaq Helsinki.

As you bring together us today from Republic of india and elsewhere, we have a favour to ask. Through these times of ambiguity and challenge, the packaging manufacture in India and in virtually parts of the world has been fortunate. Nosotros are now read in more than 90 countries every bit our coverage widens and increases in impact. Our traffic as per analytics more than doubled in 2022 and many readers chose to support us financially even when advertising barbarous to pieces.

As we come up out of the pandemic in the next few months, we hope to over again aggrandize our geography and evolve our high-impact reporting and authoritative and technical information, with some of the best correspondents in the manufacture. If there were ever a time to back up the states, it is at present. Y'all tin ability Packaging S Asia's balanced industry journalism and assistance to sustain us by subscribing.

Subscribe At present

forrestthateld.blogspot.com

Source: https://packagingsouthasia.com/paper/valmet-to-start/

Share this post