Metso Concludes Employee Negotiations in Finland

Source: www.gulfoilandgas.com 1/4/2016, Location: Europe

Metso has concluded employee negotiations in its Minerals business in Finland. As a result of the negotiations, the company will reduce a total of 44 positions, mostly in Tampere. The original estimated reduction need was approximately 75 jobs.

The concluded employee negotiations are part of Metso's transformation in to a more focused company with leaner and more agile operating models to drive growth and profitability.

"Our order volumes are affected by the market downturn in the minerals industry. The decisions that have now been made are necessary in order to maintain our competitiveness and achieve our financial targets. We need to increase the efficiency and productivity of our operations," states Markku Simula, Head of Metso's Aggregates business line.

Metso will also continue temporary lay-offs in its Minerals operations in Finland during 2016. The number and duration of the temporary lay-offs depends on the work load and the volume of orders received and may affect all personnel groups.

Metso is helping the personnel affected by the lay-offs through its employment support program, which offers assistance with re-employment and possible relocation support.

Currently, Metso has a total of 1,755 employees in Finland, with 725 of them employed in the Minerals business.


United Kingdom >>  5/13/2021 - IGas provides the following statement in advance of the Company's AGM, which is being held at 10.30am today.

Cuth McDowell, Interim Non-ex...

United States >>  5/13/2021 - Schlumberger announced the appointment of Dr. Katharina Beumelburg to the position of Chief Strategy and Sustainability Officer, Schlumberger Limited,...

Germany >>  5/12/2021 - Subsea 7 S.A. published and distributed to eligible holders of Common Shares and American Depositary Receipts the Notice of Meeting and supporting mat...
United States >>  5/10/2021 - Diamond Offshore Drilling, Inc. ("Diamond") announced that Bernie G. Wolford Jr. has been named the Company's President and Chief Executive Officer an...

Ireland >>  5/7/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to announce that John Brown has j...
Australia >>  5/6/2021 - The Company is pleased to announce the appointment of Ms Sally Langer as a Non-Executive Director of MMA with effect from, 6th May 2021. Sally will...

Related Categories: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 

Related Articles: Events  Executive Recruiting  General  Legal  Petroleum Associations  Professional Associations  Sourcing & Procurement 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.