NK Cables

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Helsinki-Uusimaa; Helsinki-Uusimaa
Location of affected unit(s)
Helsinki, Oulu (Manner-Suomi)
Sector
Manufacturing
(24 - 25) Manufacture of metals
25 - Manufacture of fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
300 jobs
Number of planned job losses
Job loss
Announcement Date
31 May 2002
Employment effect (start)
Foreseen end date

Description

32 employees were made redundant in Helsinki and Oulu. 300 involved in the co-operation talks. Adapting to decreased demand.

Citation

Eurofound (2002), NK Cables, Internal restructuring in Finland, factsheet number 59096, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59096.