Industria
Change negotiations for Valmet's new operating model concluded in Finland and Sweden
The change negotiations related to the operating model change have now been finalized in Finland and Sweden , and as a result, 325 roles will be reduced in Finland and 108 roles in Sweden . These reductions will only impact white-collar roles. The change negotiations continue in other countries and the people affected will be known later.
Separately from the recently concluded negotiations, Valmet will initiate new change negotiations in Finland within the Paper business line's Board and Paper Mills business unit concerning temporary layoffs of less than 90 days, affecting approximately 1,100 employees due to a decrease in workload and the need to improve profitability.
Valmet has altogether more than 19,000 employees globally, and in Finland it employs around 6,600 people and in Sweden approximately 1,700 people.
Anu Pires, SVP HR, interim SVP Marketing, Communications, Sustainability and Corporate Relations, Valmet, tel. + 358 10 672 0020
VALMET
Katri Hokkanen
CFO
Pekka Rouhiainen
VP, Investor Relations
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