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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
75 - 154 jobs Number of planned job losses
Announcement Date
27 November 2007
Employment effect (start)
1 January 2008
Foreseen end date
31 December 2010
Description
Metla, the Finnish Forestry Research Institute, has announced that it is to cut between 75 and 154 jobs by 2011. The organization will close its sites in Kolari, Kannus and Punkaharju, and at least 75 job losses will be implemented at these locations. 125 are employed at the sites. The job reductions are a result of a productivity programme outlined by the Finnish Ministry of Agriculture and Forestry. Metla employs 700 in Finland.
Sources
27 November 2007: Helsingin Sanomat
Citation
Eurofound (2007), Metla, Closure in Finland, factsheet number 66071, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66071.
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