Valmet Initiates Talks on Temporary Layoffs in Finland
Valmet is beginning negotiations for temporary layoffs in Finland, affecting around 2,400 employees, as part of efforts to reduce costs and align capacity with lower-than-expected workload. The proposed measures, which could include short-term layoffs from June to December 2026, are expected to save approximately €8 million in 2026. This follows recent restructuring efforts in other international locations.
Topics: Corporate Strategy Economic Conditions Layoffs Restructuring Workforce Reduction