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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.24 - Cargo handling
96 - 100 jobs Number of planned job losses
Announcement Date
30 March 2010
Employment effect (start)
30 March 2010
Foreseen end date
31 December 2010
Description
Finnish harbour operator Steveco plans to lay off nearly 100 workers in Kotka, southern Finland. A total of 64 stevedores will lose their jobs, with the rest of the cuts affecting managers and other staff. Dockers walked off the job to protest against the layoffs, that are to be staggered but begin immediately.
The job cuts are expected to save the company some five million euro. About 500 stevedores are employed at Steveco's Kotka port.
Eurofound (2010), Steveco, Internal restructuring in Finland, factsheet number 70424, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70424.
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