Friday, October 26, 2007
Walkouts After Stora Enso Announces 1,100 Job Cuts in Finland
Stora Enso is to slash at least 1,100 jobs in Finland. The company is to permanently shutdown the Summa Paper Mill, one magazine paper machine at Anjala Mill, and the pulp mill in Kemijärvi. Employees at many Stora Enso plants have walked off the job in protest against the closures. Some 15 million euros in state aid has been promised to help areas affected.
Posted by Bad News at 7:19 AM