Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
My Profile
Job cuts: UPM seeks efficiency improvement in UPM Raflatac and in global functions
HELSINKI (News release) -- As a result of the weakening world economic outlook as well as the COVID-19 related restrictive measures and their consequences, the uncertainty in UPM's market environment continues. To ensure future competitiveness, UPM keeps taking action to decrease fixed and variable costs in its businesses and functions.

UPM's label materials business UPM Raflatac plans to simplify its organisation and increase efficiency in operations and distribution. If implemented, the plans would reduce approximately 100 positions in UPM Raflatac's global organisation, mainly in Europe.

In addition, UPM aims to increase efficiency of its global functions by reorganising and streamlining the functions' operations in five countries. If implemented, the plans would decrease the number of positions in the functions by up to 70, mostly in Finland and in Germany.

Employee consultations on efficiency improvements will be started according to national practices. Final decisions will be made after the employee consultation procedures have been concluded in each country. If implemented, the plans announced today are expected to result in annual savings of approximately 12 million euros.

UPM focuses on continuous improvement in cost efficiency. Recently, UPM announced plans for permanent closing of UPM Kaipola paper mill in Finland, sale of UPM Shotton paper mill in Wales and streamlining UPM Communication Papers' business function teams. In addition, UPM announced plans for reorganising and streamlining activities in Finnish pulp mills, UPM Forest and UPM Tervasaari mill in Finland. Earlier this year, UPM completed the closures of UPM Chapelle paper mill in France and UPM Plywood Jyväskylä mill in Finland. The company will continue to implement measures to decrease fixed and variable costs in all businesses and functions, as needed.

The Paperitalo Supplier Directory is where to easily find qualified suppliers


Related Articles:

Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: