Valmet to begin talks on temporary layoffs in Finland

Finnish engineering company Valmet will begin negotiations that may lead to temporary layoffs affecting around 2,400 employees across several sites in Finland. The company said the talks will start on 4 May and cover multiple business areas, including packaging materials and paper, as well as pulp, energy and circular economy operations. Certain support functions and the global supply chain unit are also included. Valmet said the planned measures may involve temporary layoffs of less than...