Nokian announces cutbacks for Finnish tire plant

On December 17, Nokian Tyres announced temporary and permanent layoffs for its Finnish factory after concluding statutory negotiations at the plant. Improving productivity and adjusting production will be executed mainly with temporary lay-offs; in addition 28 production workers and officials will be laid off permanently. Car tire production will be cut through layoffs by no more than 42 production days in 2013. Heavy tire production will be adjusted accordingly by decreasing production volumes and cutting production days. Nokian’s Finnish factory has 600 workers and staff in consumer tire production, and 260 workers in Nokian Heavy Tyres operations.