Raute Corporation adapts its operations to the weak continuing market situation and has initiated negotiations in compliance with the Act on Co-operation with the salaried and senior salaried employees of the Finnish units. The negotiations have also been initiated with the hourly workers of the Jyväskylä unit. The negotiations concern altogether approximately 280 employees. With regard to the rest of the personnel, the earlier agreed adaptation measures are sufficient for the time being. (Stock exchange release)
Earlier negotiations were “the short” version (concluded in November) and allowed temporarily layoffs maximum of 90 days. The new negotiations are a clear indication that Raute hasn’t managed to sign new bigger projects. With the six week negotiations, the company is able to layoff workers for until further notice basis (thus it may avoid larger scale redundancies) and wait the market conditions to improve with a lower cost structure.
Kiiski: Jyväskylässä alkaa tulla täyteen 90 päivän kiintiöt, erityisesti suunnittelupuolella. Nastolassa lomautuspäiviä on vielä jäljellä.
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