Nokian Heavy Tyres lowering production – 160 workers affected

A week after parent company Nokian Tyres reported an operating loss of 18.8 million euros for the first quarter of the year, Nokian Heavy Tyres has announced commencing what it calls “change negotiations” to lower production at its Nokia, Finland plant in line with “the market and demand situation.” The change negotiations will last for two weeks.

Approximately 160 employees are affected, and they face the prospect of being laid off or having their daily or weekly working hours reduced. The tyre maker plans for the measures to initially take the form of “temporary layoffs due to productional and financial reasons” for a maximum of 90 days per employee. It will implement these measures during 2023.