Mets\u00e4 Group is to initiate statutory negotiations concerning all of its business areas and Group operations. According to preliminary assessments, the planned measures may lead to a permanent reduction of 800 permanent jobs if implemented.\u00a0\u00a0<\/p>\n\n\n\n
On 31 July 2025, Mets\u00e4 Group announced it would launch the planning of a EUR 300 million cost savings and profit improvement programme. Planning is now complete, and Mets\u00e4 Group will initiate statutory negotiations concerning its personnel as part of it. <\/p>\n\n\n\n
\u201cOur profitability has been undermined by three factors. First, increased uncertainties in global trade have reduced demand for our products. Second, changes in exchange rates have weakened our result and will continue to do so. Third, the increase in raw material costs and the general cost level has eroded our profitability,\u201d says Jussi Vanhanen<\/strong>, President and CEO of Mets\u00e4 Group. \u201cWe operate in a capital-intensive business in which lower utilisation rates due to weak demand combined with clearly higher costs create an unsustainable equation that must be addressed,\u201d says Vanhanen. <\/p>\n\n\n\n When planning the cost savings programme, attention was paid to procurement and logistics costs, and the wood supply chain\u2019s efficiency. These account for a considerable share of the planned savings. In addition, the need to restructure and streamline operations to reduce fixed costs was recognised. Significant efficiency enhancement measures were also identified in variable costs. <\/p>\n\n\n\n \u201cOur employees have done good work within our current operating model. Unfortunately, it isn\u2019t enough in this situation. We must tackle the things that are in our own hands and shape our operations to ensure long-term competitiveness,\u201d says Vanhanen. <\/p>\n\n\n\n According to preliminary assessments, the planned measures may lead to a permanent reduction of 800 permanent jobs. A significant share \u2013 540 jobs \u2013 are expected to be in Finland. In addition to redundancies, the planned changes may lead to changes in duties. Statutory negotiations with personnel representatives will be initiated in accordance with each country\u2019s legislation. Mets\u00e4 Group employs approximately 9,600 people globally, of whom 5,600 are in Finland. The planned reductions at Mets\u00e4 Board, a listed company part of Mets\u00e4 Group, are included in these figures.\u202f <\/p>\n\n\n\n The negotiations will not include permanent closures of production units. The development of Mets\u00e4 Group\u2019s new business projects (Muoto, Kuura, lignin and bio-based CO2 capture) will continue according to each project\u2019s individual plan and schedule. Cost provisions related to the cost savings and profit improvement programme will be recorded in the result for the last quarter of the year.<\/p>\n","protected":false},"excerpt":{"rendered":" Mets\u00e4 Group is to initiate statutory negotiations concerning all of its business areas and Group operations. According to preliminary assessments, the planned measures may lead to a permanent reduction of 800 permanent jobs if implemented.\u00a0\u00a0 On 31 July 2025, Mets\u00e4 Group announced it would launch the planning of a EUR 300 million cost savings and<\/p>\n","protected":false},"author":1,"featured_media":19653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[187],"class_list":{"0":"post-19652","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corrugated-folding-carton","8":"tag-metsa-group"},"_links":{"self":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/19652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=19652"}],"version-history":[{"count":1,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/19652\/revisions"}],"predecessor-version":[{"id":19654,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/19652\/revisions\/19654"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media\/19653"}],"wp:attachment":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=19652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=19652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=19652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}