Valmet has initiated change negotiations that will impact specific segments of its Services and Paper business lines, as well as its Europe, Middle East, and Africa (EMEA) area organization and corporate functions. The company aims to enhance the profitability and competitiveness of its operations in response to evolving market dynamics. The proposed measures primarily target Finland and Sweden.
The plan involves restructuring organizational frameworks, refining operational practices, and aligning workforce levels with the prevailing business environment. According to Valmet, the plan encompasses both permanent and temporary layoffs, with an estimated reduction of around 130 positions. The exact scope and distribution of these potential layoffs will be determined throughout the negotiation process.
Valmet, a leading provider of technology, automation, and services to the pulp, paper, and energy industries, currently employs approximately 6,900 individuals in Finland and 1,800 in Sweden.
Speaking about the negotiations, a representative from Valmet stated, “These discussions are essential as we seek to adapt to changing market conditions and reinforce the competitiveness of our business. Our priority remains the well-being of our employees, and we will work closely with them and relevant stakeholders throughout this process.”