As
part of this programme, on 27 August 2013, UPM announced plans to reorganise
its Finance & Control operations and to outsource recurring transactional
tasks to an external company by the end of the second quarter of 2014. The
employee consultation process is now closed and decisions were made
accordingly. The number of personnel will decrease by 150 positions, of which
92 are in Finland and the rest in China and other countries.
UPM is currently conducting employee consultations with employee
representatives in its Paper Europe and North America business area. This
consultation was announced on 27 September 2013.
Today, UPM is continuing the programme by announcing further plans to improve performance. UPM is planning to adjust other Global Functions’ operations and cost structures to match the new business requirements and organisation. In addition, UPM plans to restructure UPM Wood Sourcing and Forestry activities to improve the competitiveness of UPM mill integrates.
The employee consultations with employee representatives in Finland start by employer´s initiative on 24 October, 2013. In other countries the process will start as soon as possible and will follow local practices and legislation.
Decisions on planned organisational changes, planned job reductions and plan for support to the impacted employees will be made when the consultation processes have been completed.
In total, the new plans announced are estimated to impact a maximum of 230 positions, of which 150 in Finland and 80 in other countries.
