Outokumpu to cut 10% of workforce, mostly Europe

Outokumpu is starting the negotiation processes to cut its total global workforce by some 1,000 units (some -10%) by the end of 2021.

In a note seen by Kallanish, the company notes that negotiations will commence immediately. Most cuts will be in Finland (270), Germany (250) and Sweden (190). Further reductions are also planned across European and Americas operations.

Read more at OUTOKUMPU TO CUT 10% OF WORKFORCE, MOSTLY EUROPE.

Leave a Reply

arrow
%d bloggers like this: