Nokian Tyres laying off 122 in Finland

The statutory negotiations regarding Nokian Tyres’ passenger car tyre factory in Finland ended today, and the tyre maker reports that 122 people will lose their jobs. Adjustments will also be made to production capacity.

“Personnel reductions are always unfortunate,” commented company CEO Ari Lehtoranta. “Despite the cuts the role of our Nokia factory remains important, not only for the volumes it produces but also in developing new products and production processes.”

Nokian Tyres says it will organise training and support programmes for the dismissed employees to improve their re-employment opportunities.