Exel Composites Plc to start co-determination negotiations in the company’s manufacturing units in Finland
EXEL COMPOSITES PLC INVESTOR NEWS 22 JANUARY 2019 at 14:00 EETExel Composites starts co-determination negotiations in the company’s Finnish units on financial and productive grounds with the purpose of improving profitability and adjusting the company’s resources to the need. The negotiations concern about 200 employees working in Mäntyharju and Joensuu. In addition to cost savings measures to be implemented, the initial personnel reduction need is estimated to be maximum 9 persons. The research and development, sales or customer service functions are not