Stora Enso to cut up to a thousand jobs in spring as part of a new savings program

The prolonged weak and uncertain market situation has led to Stora Enso preparing a new profitability program, which may lead to a reduction of up to a thousand employees in different countries. The goal of the program is to increase operating income by 80 million euros per year. The change negotiations will start as soon as possible as the country-specific plans become more detailed. Negotiations are conducted according to local laws. Stora Enson wants to improve its long-term competitiveness by focusing on its core operations. The program does not include new closures of production facilities.  ...