Metsä Board’s change negotiations on possible temporary layoffs at its Finnish mills have been concluded
Metsä Board Corporation press release 4 December 2024
Metsä Board, part of Metsä Group, announced on 28 October 2024 that it will initiate change negotiations on possible temporary layoffs for its paperboard and BCTMP mills in Finland. The change negotiations have been concluded on 4 December 2024.
The negotiations involved a total of 1,100 employees at the Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele and Äänekoski mills.
As a result of the negotiations, possible layoffs could last a maximum of 90 days and could be implemented in several phases during 2025. Decisions on possible temporary layoffs including their allocation, amounts and timing will be made separately.
The change negotiations were conducted to prepare for the possible adjustment of production temporarily to match low delivery volumes in case the demand situation for paperboard would not improve in 2025.
For further information:
Marjo Halonen, VP Communications, Metsä Board
Mobile: +358 50 598 7046
Email: marjo.halonen@metsagroup.com
Metsä Board
metsagroup.com/metsaboard
Metsä Board is a producer of lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a safe, renewable and recyclable resource, that can be traced back to northern forests. We aim to have completely fossil free mills and raw materials by the end of 2030. We promote a culture of diversity, equality and inclusion.
Metsä Board is listed on the Nasdaq Helsinki. In 2023 our sales totalled EUR 1.9 billion, and we have around 2,300 employees. Metsä Board is part of Metsä Group, whose parent company Metsäliitto Cooperative is owned by over 90,000 Finnish forest owners. The sales of the whole Metsä Group were EUR 6.1 billion.