Metso Outotec completes reorganization of its Metals business
Metso Outotec Corporation’s press release on March 3, 2021, at 4:45 p.m. EETMetso Outotec has completed the reorganization of its Metals business as part of the turnaround program announced in Q4/2020. As a result, the segment’s operational model has been adjusted to better meet customer needs, as well as the scale and nature of the business today. When the negotiations related to the reorganization started on December 9, 2020, the estimated need for reduction was a maximum of 160 permanent redundancies in the Metals operations globally, including up to 60 redundancies in Finland. As a