UPM prepares for possible temporary layoffs in Finland

News General news

UPM Pulp, UPM Timber and UPM Communication Papers will start change negotiations on possible temporary layoffs (zero short-time work). The negotiations will be conducted to prepare for a possible temporary adjustment of production in the Finnish units if the uncertainty in the operating environment persists. This is reported by the company.

21.03.2024

Source: Company news

The negotiations will cover all pulp mills, sawmills and paper mills in UPM's business areas in Finland.

The potential temporary layoffs could take place between 1 July and 31 December 2024 at UPM Pulp and UPM Timber and between 1 September 2024 and 28 February 2025 at UPM Communication Papers.

Decisions would be made after the conclusion of negotiations. Possible temporary layoffs could be implemented gradually and last a maximum of 90 days in total.

Company profile: EUWID Papier und Zellstoff, Germany, Gernsbach

Company profile: UPM, Group Head Office, Finland, Helsinki

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