Terrafame concluded its change negotiations
In October 2024, Terrafame announced that it had decided to initiate change negotiations concerning the entire personnel due to a challenging market situation. At the beginning of the negotiations, Terrafame estimated that the maximum personnel reduction need would be in total 75 person-years. The possibility of layoffs was also considered in the negotiations. At the end of September 2024, Terrafame employed a total of 826 people. As a result of the negotiations, Terrafame will make a reduction of a maximum of 30 person-years on production-related and financial grounds as well as due to