Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Kärsämäki,Haapavesi and Varpaisjärvi
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

70 jobs
Number of planned job losses
Job loss
Announcement Date
21 September 2005
Employment effect (start)
Foreseen end date

Description

On 21 September 2005, the furniture manufacturer Incap Furniture Ltd started negotiations with the personnel in order to cut 70 jobs. The company is adapting to competition from Poland, Romania and China and is preparing to reduce the overproduction in the sector.


Sources

  • 21 September 2005: Helsingin Sanomat

Citation

Eurofound (2005), Incap Furniture, Internal restructuring in Finland, factsheet number 62265, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62265.