BRUSSELS , Aug. 30, 2013 (RISI) -
Stora Enso has kicked off negotiations with employee representatives regarding job cuts at several of its mills in Finland and Sweden.
This is part of the company's plans to streamline operations and cut costs by some Euro 200 million ($267 million), announced in June. As a result, the company may slash up to 2,500 jobs in total. In Finland, 650 jobs may disappear, while 750 may be cut in Sweden. The company will also axe 850 positions in Europe excluding the Nordic countries, while 250 jobs could be trimmed outside Europe.
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