Stora Enso starts negotiations on possible furloughs

YLE News
January 13, 2023
Category: Business & Politics
Region: International

Forest products giant Stora Enso will start negotiations on possible furloughs of up to 1,300 employees in Finland, the firm told Finnish news agency STT on Friday. The company said the decision was due to fluctuations in demand and market uncertainty. The negotiations affect all workers at Stora Enso’s packaging materials mills in Oulu, Varkaus, Heinola and Anjalankoski. The possible furloughs would last up to 90 days and could be implemented in several segments, according to the company. Negotiations are scheduled to start next week and expected to last two weeks. The firm has some 20,000 employees worldwide. Last autumn, the company’s CEO, Annica Bresky, suggested the economy was starting to affect the company’s business.

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