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- Date:
5/5/2025
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UPM plans to reorganise its Plywood business in Finland and has started negotiations on possible job cuts.
The company explained that the aim of the planned changes is to secure the competitiveness of the UPM Plywood business in a challenging operating environment. The changes are to develop UPM Plywood's operating model, to support organisational renewal and provide opportunities for job rotation and skills development, the company says.
The potential measures will affect about 100 senior employees and directors of UPM Plywood in Finland, UPM says, adding that preliminary estimates indicate that the changes could lead to the dismissal of about 15 senior salaried and directors for financial and production-related reasons. In addition, the plan could lead to changes in work organisation, including work content and the distribution of positions within UPM Plywood.
UPM Plywood's Finnish mills have been on strike since March this year. The strike is about wage and salary increases, which UPM and Industrial Union have not yet been able to agree on. Two attempts at mediation have failed.
Only UPM Plywood's Finnish plywood mills are affected by the strike, the plywood mill in Estonia is excluded from the dispute. UPM Plywood mills in Finland employ 1,000 people covered by the collective agreement with the Industrial Union.