The company’s entire workforce of 6,500 employees will be included in the negotiations, with up to 90 redundancies likely as a result of the restructuring.
Over a quarter of a million people were out of work in Finland last month, bringing the country’s unemployment rate to its highest level since Statistics Finland began compiling the Labour Force Survey in 2009.
A Helsingin Sanomat poll finds many people are cutting back on their expenses amid worries of losing their jobs as well as the effects of the government’s austerity measures.