Metso Outotec starts employee cooperation negotiations
Metso Outotec Corporation press release July 8, 2020 at 12:00 noon EEST
Metso Outotec starts employee cooperation negotiations related to organizational restructuring in Finland.
Following the merger of Metso’s Minerals business and Outotec on July 1, 2020, Metso Outotec’s organizational model is planned to correspond to the new company's structure and strategy. The target is to create an organizational model that supports efficient business operations for Metso Outotec, responds to customer needs, reduces overlaps of the two previous organizations and meets the set synergy targets.
The majority of personnel in Finland, approximately 2,400 employees, are in the scope of the negotiations. The estimated reduction need of the planned reorganization is maximum 280 employees, and the impact of the restructuring on different employee groups is expected to be determined in September 2020.
No personnel effects are expected in Outotec Turula Oy; Outotec (Ceramics) Oy; and Outotec (Filters) Oy operations and in Metso Minerals Oy’s Aggregates business.
Similar negotiation processes related to building a new organization in accordance with local processes and schedules are planned also in other countries where Metso Outotec operates.
Further information, please contact:
Helena Marjaranta, Vice President, Communications and Stakeholder relations, Metso Outotec, Tel. +358 20 484 3212, E-mail: helena.marjaranta(at)mogroup.com
Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing, metals refining and recycling industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change.
Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its illustrative combined sales for 2019 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, www.metso.com/twitter/