HELSINKI (News release) -- UPM Plywood has completed the change negotiations, which started in May, concerning salaried employees in the staff and global functions, and in its Finnish mills. The company aims at renewing its organisation and adjusting its operations to meet the reduced production capacity and the deteriorating market situation. At the same time, the company invests in utilising the opportunities offered by digitalisation.

These measures will result in a reduction of 28 positions in Finland.

UPM Plywood offers high-quality WISA plywood and veneer products for construction, vehicle flooring, LNG shipbuilding, parquet manufacturing and other industrial applications.