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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20.4 - Manufacture of washing, cleaning and polishing preparations 20.42 - Manufacture of perfumes and toilet preparations
54 jobs Number of planned job losses
Announcement Date
19 May 2026
Employment effect (start)
1 June 2026
Foreseen end date
31 December 2026
Description
Lumene Group, a Finnish cosmetics company, announced the termination of 54 employment contracts in its Finnish operations. The changes, driven by lower profitability relative to the sector average, evolving consumer buying habits, rising costs, and overall market uncertainty, will take effect in June 2026 following negotiations that began in April. The restructuring is an internal measure affecting the company’s domestic workforce. In addition, changes will be made to 33 positions. The restructuring negotiations covered all Finnish staff except production workers and production supervisors, totalling 254 positions.
Citation
Eurofound (2026), Lumene, Internal restructuring in Finland, factsheet number 300457, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/300457.