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.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
100 jobs Number of planned job losses
Announcement Date
24 November 2011
Employment effect (start)
Foreseen end date
Description
Paint manufacturer Tikkurila has announced redundancies of up to 100 employees at its operations in Finland. The company is starting mandatory negotiations with employee representatives on the proposed cuts.
Proposed cuts at Tikkurila could affect all operations and personnel groups in Finland. Tikkurila's personnel in Finland currently comprise 750 people, and it employs 3700 worldwide. The group states that it needs to increase efficiency as well as form a more flexible and streamlined organization.
It will also re-assess the roles of its European production facilities, which are located in Finland, Sweden, Estonia, Russia, Poland, Germany and Ukraine. More actions may be taken in other locations.
A timeline for the proposed cuts has yet to be announced.
Sources
24 November 2011: Taloussanomat
24 November 2011: YLE Internet News
Citation
Eurofound (2011), Tikkurila, Internal restructuring in Finland, factsheet number 72780, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72780.
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