SSAB to initiate negotiations to reduce workforce in Finland
SSAB is to initiate employer-employee negotiations regarding a potential reduction in the workforce at SSAB Europe division’s production site in Raahe and in the Ruukki Construction division. These negotiations are being initiated due to reasons related to production, financial situation and operational restructuring. The negotiations will affect around 2,900 employees in Finland and there is a need to reduce the workforce by a maximum of 295 persons. The negotiations at Ruukki Construction aim to reduce costs by a total of at least SEK 200 million on a permanent annual basis. This is in