Company/Organisation:
Aker Yards
Geographic Location
Country:
Finland
Region:
Manner-Suomi
Location of affected unit(s):
Helsinki, Turku and Rauma
Company
Sector:
Manufacturing
Manufacture of transport equipment
30 - Manufacture of other transport equipment
Number Employed:
1250
Group:
Aker Yards
Employment Effects
Announcement Date:
09-11-2004
Planned Job Reductions min:
315
Planned Job Reductions max:
315
Type of Restructuring:
Merger/Acquisition
Employment Effect Start:
15-11-2004
Foreseen End Date:
31-01-2005
Direct Dismissals:
315
Additional Information
Aker Yards the shipyards company will start cooperation negotiations with its personnel. The number of job cuts in form of a direct dismissals is estimated to be around 700. The restructuring measures are due to the merger of the Finnish Kvaerner Masa-Yards and Aker Finnyards. On 18 January 2005 Aker Finnyards informed to cut its personnel by 315 as a result of the cooperation talks. According to the company the volume of orders has increased since the start of the negotiations leading to a lower number of job losses.
Sources:
18-01-2005Helsingin Sanomat
09-11-2004Helsingin Sanomat
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