Finnish wood processing technology supplier Raute Corporation will begin change negotiations concerning possible temporary layoffs of up to 90 days in Finland after reporting a weaker first quarter and warning that customers continue to postpone investment decisions. The negotiations cover approximately 140 employees across Raute’s Finnish operations, including company functions and the Services business unit, excluding the installation team already included in earlier negotiations. According to the company, the measures are intended to adapt operations to the current workload and weaker sales outlook while protecting profitability and competitiveness. Any layoffs would be temporary and could take place ...
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