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 Manufacture Of Food And Beverage Manufacture Of Food Products 10.13 - Production of meat and poultry meat products
164 jobs Number of planned job losses
Announcement Date
10 September 2012
Employment effect (start)
Foreseen end date
Description
Saarioinen, a privately-owned Finnish food manufacturer and wholesaler, has announced up to 225 redundancies. The company has started negotiations with employee representatives on the cuts.
The negotiations initiated by Saarioinen affect all personnel groups and may result in up to 165 cuts in production personnel and up to 60 cuts in office staff. The company notes that it is lagging behind its targets in meat products and prepared foods and needs to improve its competitiveness.
UPDATE 07-11-2012: Saarioinen has concluded negotiations and announced 164 lay-offs from five locations, 127 production and 37 office staff.
Sources
7 November 2012: YLE News
10 September 2012: Taloussanomat
10 September 2012: YLE News
Citation
Eurofound (2012), Saarioinen, Internal restructuring in Finland, factsheet number 74123, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74123.
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