The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (16 - 17) Manufacture of wood and paper materials 17.2 - Manufacture of articles of paper and paperboard 17.21 - Manufacture of corrugated paper, paperboard and containers of paper and paperboard
315 jobs Number of planned job losses
Announcement Date
2 October 2025
Employment effect (start)
7 October 2025
Foreseen end date
Description
Metsä Board, manufacturer of paperboard, has announced that it will cut 315 jobs worldwide. Under the measure, 155 positions will be affected in Finland.
Statutory negotiations in Finland are scheduled to begin no earlier than 7 October. Additionally, the company plans to discontinue two investment projects in Finland and Sweden as they are currently deemed unprofitable. The measures are part of the company’s €200 million cost savings programme.
Metsä Board is part of the forestry company Metsä Group. The company has its production facilities in Finland and Sweden. It employs approximately 2,000 employees.
At the same time, Metsä Group has announced plans to cut 485 jobs worldwideMetsä Group 2025-WO.
Eurofound (2025), Metsä Board, Internal restructuring in European Union, factsheet number 203519, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203519.
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