Finland - Metso to cut 84 jobs in Jyväskylä

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Metso Foundries Jyväskylä has concluded the personnel negotiations initiated on May 12, 2008. As a result of the negotiations, arisen from cease of production on the foundry’s automatic moulding line, a personnel reduction of 84 persons in total will be carried out.

At the start of the negotiations, the need for reduction was estimated to be 120 – 140 persons. Due to internal arrrangements as well as the positive general market situation, the need for personnel reduction was, however, decreased to 84 employees.

The measures will be initiated immediately and their implementation will take approx. 6 – 18 months, depending on the operation and individual cases. The employment terminations will consist of pension arrangements, discontinuation of temporary employments as well as redundancies.

The non-recurring costs caused by the reductions are estimated to be of minor significance to Metso.

Roll and cylinder castings for the paper machine industry are a part of Metso Paper’s core business and their production will continue in Jyväskylä. In addition to these, Metso Foundries produces hand moulded castings also for Metso Minerals and customers in other sectors.

Metso Foundries Jyväskylä Oy employs approximately 320 persons.