The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Lappeenranta, Pietarsaari, Pori, Kuusankoski, Tampere and Juupajoki.
Sector
Manufacturing Manufacture Of Wood And Paper Materials Manufacture Of Paper And Paper Products 17.1 - Manufacture Of Pulp, Paper And Paperboard
110 jobs Number of planned job losses
Announcement Date
8 October 2024
Employment effect (start)
27 November 2024
Foreseen end date
30 June 2025
Description
UPM Fibres, part of Finnish forest industry company UPM has initiated cooperation negotiations which may result in the dismissal of 110 employees. Around 1,600 employees in the cellulose fibre operations are within the scope of the collective consultation process, which commences on the 16th of October and proceeds for six weeks.
The negotiations will also address the need for possible temporary layoffs. Any temporary layoffs could be implemented in stages between 1 January and 30 June 2025. The maximum duration of a temporary layoff is 90 days.
The measures affect UPM’s operations in Lappeenranta, Pietarsaari, Pori, Kuusankoski, Tampere and Juupajoki.
The purpose of the measures is to ensure profitability of the company’s operations in Finland.
The union representatives at UPM’s factory in Kouvola are not optimistic regarding their chances to influence the otucomes of the negotiations and reduce the number of redundancies. UPM however describes the negotiations as genuine and without a set outcome.
UPM is a Finnish forest industry company with operations in 12 countries and around 17,000 employees worldwide.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
