Metso Paper

Type
Internal restructuring
Country
Finland
Region
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
200 jobs
Number of planned job losses
Job loss
Announcement Date
28 May 2003
Employment effect (start)
Foreseen end date
1 December 2003

Description

This restructuring plan is part of the European social plan of Metso Coporation. In Finland, 200 jobs will be made redundant at Metso Paper. The company motivates the redundancies by new production measures and by improving the inner efficiency.

Sources

  • 28 May 2003: Helsingin Sanomat

Citation

Eurofound (2003), Metso Paper, Internal restructuring in Finland, factsheet number 59794, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59794.