Metso Cutting 44 Jobs from Minerals Division in Finland
[Click image to enlarge]
Metso has concluded employee negotiations in its Minerals business in Finland. As a result of the negotiations, the company will reduce a total of 44 positions, mostly in Tampere. The original estimated reduction need was approximately 75 jobs.
The concluded employee negotiations are part of Metso’s transformation in to a more focused company with leaner and more agile operating models to drive growth and profitability.
“Our order volumes are affected by the market downturn in the minerals industry. The decisions that have now been made are necessary in order to maintain our competitiveness and achieve our financial targets. We need to increase the efficiency and productivity of our operations,” said Markku Simula, head of Metso’s Aggregates business line.
Metso will also continue temporary lay-offs in its Minerals operations in Finland during 2016. The number and duration of the temporary lay-offs depends on the work load and the volume of orders received and may affect all personnel groups.
Metso is helping the personnel affected by the lay-offs through its employment support program, which offers assistance with re-employment and possible relocation support.
Currently, Metso has a total of 1,755 employees in Finland, with 725 of them employed in the Minerals business.
About Metso
Metso is the world’s leading industrial company in the mining and aggregates industries and in the flow control business. Its knowledge, people and solutions help drive sustainable improvements in performance and profitability in customers’ businesses. Metso has an uncompromising attitude towards safety. Its products range from mining and construction equipment and systems to industrial valves and controls. Its solutions are delivered and supported by decades of process knowledge and a broad scope of services backed by a global footprint of more than 90 service centers, thousands of service employees, and an extensive logistics network. In 2014, Metso’s net sales totaled EUR$3.7 billion. Metso employs approximately 13,000 industry experts in more than 50 countries. Expect results.
To stop by Metso’s website, CLICK HERE
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2016 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
