Nokian to cut jobs in heavy tyre unit
ERJ staff report (DS)
Nokia, Finland -- Nokian Tyures has concluded its talks with employees at the Heavy Tyre unit and will cut personnel by 4 office employees and 29 factory employees. Adjustment measures will also include temporary lay-offs for all personnel and factory stoppages as needed. In addition, 34 factory employees will be laid off until further notice.
The reason for the adjustment measures is the decreased heavy tyre demand caused by the global recession, which has created the need to adjust production in line with the lower demand.
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Press release from Nokian
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