Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Etelä-Suomi;
Location of affected unit(s)
Turku
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30 - Manufacture of other transport equipment

430 jobs
Number of planned job losses
Job loss
Announcement Date
10 November 2009
Employment effect (start)
Foreseen end date
31 December 2010

Description

The shipyard STX Finland, is cutting 430 jobs in Turku Finland. The personnel negotiations started in November 2009 and are now concluded, out of the 430 jobs to be cut, 370 are blue-collar workers and 60 white-collar workers. The company has no new projects in its order books.

The job reductions will be conducted by the end of 2010.


Sources

  • 10 November 2009: www.tekniikkatalous.fi
  • 12 January 2010: www.tekniikkatalous.fi

Citation

Eurofound (2009), STX Finland, Internal restructuring in Finland, factsheet number 70214, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70214.