Co-operation negotiations in Glaston's Finnish units have ended

Co-operation negotiations in Glaston's Finnish units have ended
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Date: 3 April 2020

Glaston’s co-operation negotiations concerning temporary layoffs in the company’s units in Finland have ended today.

As a result, Glaston will temporary layoff all employees, approximately 180 people, in stages during 2020. The timing and execution of the layoffs are reviewed function-by-function and can be at most 90 days per employee by the end of year 2020.

The measures are due to the increased uncertainty on the market caused by the COVID-19 virus pandemic.

Glaston Corporation

600450 Co-operation negotiations in Glaston's Finnish units have ended

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