Fact Sheet Details
Company: Kuusakoski
Geographic location
- Country:
Finland
- Region:
Manner-Suomi
- Location of affected unit(s):
Company
- Group :
Kuusakoski
- Sector :
Utilities: Water supply; sewerage, waste management and remediation activities, 38
- Number employed:
650
Employment effects
- Announcement Date:
15-10-2012
- Planned job reductions:
85
- Type of restructuring:
Internal restructuring
- Employment effect start:
- Foreseen end date:
- Direct dismissals:
- Other job reduction measures:
- Planned job creation:
Additional information
Kuusakoski, a company specialising in metal recycling, has announced redundancies of up to 85 employees from its locations in Finland. The company has started negotiations with employee representatives.
Kuusakoski operates in about 20 locations in Finland, where it has approximately 650 employees. It is part of Kuusakoski Group, which also includes foundry operations and has over 3,000 employees worldwide. The announced redundancies may affect all Finnish locations. The company cites economic downturn and declining prices of metal as reasons for the cuts.
Sources
Kuusakoski press release, 15-10-2012
YLE News, 17-10-2012
Taloussanomat, 15-10-2012
Links
Page last updated: 18 October, 2012