Steel manufacturer, SSAB, is introducing flexibility measures and initiating employer-employee negotiations in its Finnish operations following a reduction in production volumes.
“The negotiations to be initiated concern potential temporary lay-offs in the Finnish operations, excluding Lappohja tube mill and the subsidiaries Ruukki Construction, Tibnor, Raahen Voima and Presteel,” SSAB said in a statement. “The negotiations can result in temporary lay-offs of a maximum of 90 days. The exact number of employees as well as the lengths of the temporary lay-offs will be decided in the negotiations. The negotiations will be started on 2 September and are expected to last for a minimum of two weeks.”
SSAB subsidiary, Tibnor, has reportedly initiated negotiations to possibly reduce the workforce by a maximum of 35 employees during 2019. These negotiations apply to all Tibnor operations in Finland with the exception of the Järvenpää unit’s production employees. The negotiations will last for a minimum of six weeks.
Earlier this year, SSAB agreed to acquire Abraservice.