EMCC European Monitoring Centre on Change

Wärtsilä Oyj

Company/Organisation:
Wärtsilä Oyj

Geographic Location

Country: Finland
Region: Keski-Pohjanmaa; Pohjois-Suomi; Manner-Suomi
Location of affected unit(s): Turku

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed: 470

Employment Effects

Announcement Date: 13-09-2002
Planned Job Reductions min: 350
Planned Job Reductions max: 350
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-01-2003

Additional Information

As an result of the co-operation talks Wärtsilä will lay off 350 employees in order to adapt the capacity to meet the production volume. The lay offs will start in mid October and they will be carried out during the autumn and in the beginning of 2003.