On March 27, Valmet Automotive issued change negotiation proposals, based on financial and production-related grounds, to reduce personnel in the business lines at the Uusikaupunki plant.
The change negotiations apply to production employees, salaried and senior salaried employees in the vehicle contract manufacturing, battery production business lines, and group functions. The automaker is considering temporary, part-time, and indefinite layoffs, changes in job descriptions and a maximum of 10 terminations of jobs. The need for adjustments will be a maximum of 180 person-years.
According to the automaker, the proposal was necessary, due to the challenges in the operating environment and a decrease in car production during the first half of 2024, leading to disruptions in the production chain, currently causing a two-week production halt at the car plant. The resulting financial problem caused is significant and could be critical if the situation continues.