The Swedish steel conglomerate SSAB announced restructuring plans that could result in the loss of up to 295 jobs. The corporate shake up will affect workers at the company’s steel plant in Raahe and its building subsidiary Ruukki Construction. The company has launched restructuring talks that will affect some 2,900 workers in Finland - 2,445 of them work at the Raahe plant. The talks will last at least six weeks and the planned personnel reductions should be finalised during the first half of 2016. The company aims to implement some of the payroll cuts by reducing the number of fixed term job contracts as well as through natural turnover.
English: http://yle.fi/uutiset/swedish_steelmaker_ssab_posts_q3_loss_plans_to_cut_...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.