Minerals processing and metals company Metso decided to start a codetermination negotiation targeting annual cost reductions of EUR 13 million, said the company in a press release on Tuesday.
As per the decision, the company will reduce up to 95 positions globally, of which at maximum 55 are in Finland.
Metso is planning to make operating model adjustments in parts of the Minerals business area organization as well as implement other efficiency measures, said the company.
Metso will start local consultation processes in accordance with local legislation that will affect parts of the Minerals equipment and digital businesses.
Besides operating model updates, the planned changes include other efficiency measures, including also headcount reductions.
Decisions will be made once local employee consultation processes have been concluded in accordance with local legislation.
- Metso
- Cuts
- Jobs
Source: www.dailyfinland.fi
