SSAB negotiates workforce reductions in its Nordic operations
SSAB announces today that it has initiated negotiations to reduce the workforce in its Nordic operations. The workforce will be reduced by a maximum of 465 employees in total. The negotiations mainly affect employees in Oxelösund and Borlänge, Sweden.Since the combination with Rautaruukki in July 2014, the main focus has been on improving organizational efficiency and ways of working, and on capturing the synergies identified between the two companies. To date, SSAB has reduced the workforce by around 1,300 employees since the combination with Rautaruukki. Today, SSAB announces that