UPM Plywood to restructure its organization and scale its operations

UPM Plywood is planning an organizational reform and adaptation of operations to reflect the reduced production capacity and the weakening market situation. The company will start change negotiations, which will involve 262 employees in the head office functions, sales offices and factories in Finland. A maximum of 35 tasks is estimated as the need for reduction. Change negotiations are conducted in accordance with local legislation. ''In the new situation, renewing the company's operations and maintaining cost competitiveness and the long-term profitability of the business is extremely important,'' says UPM Plywood's Business Director Mika Kekki .  ...