Nokian Tyres announces 2013 “production adjustment” at Nokia plant

Nokian Tyres has informed stock exchanges that it will start statutory negotiations on 5 November 2012 to adjust production “to meet the market situation” at its Nokia plant. The company said it would aim to adjust the utilisation of the production capacity and create cost savings. The company said that the negotiations, which will affect 600 workers and staff in car tyre production, could amount to up to 45 job cuts.

Antti-Jussi Tähtinen, vice president, Marketing and Communications states: “The agenda of the negotiations includes possible changes in shift system and utilisation of short-time working method. The possible adjustments have been planned to be done mainly with layoffs during year 2013. The negotiations concern approximately 600 workers and staff at car tyre production, maintenance and quality departments at Nokia as well as all 260 of Nokian Heavy Tyres’ employees. Possible personnel cuts will amount to a maximum of 45 persons.”