Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Valmet, a Finnish provider of technologies, automation, and services for the pulp, paper, and energy sectors, has initiated cooperation negotiations with the plans to cut 395 positions in Finland.
The cooperation negotiations are part of a global restructuring programme, with total job cuts amounting up to 1,150 positions worldwide Valmet 2024 - WO. Only white-collar employees are affected by the layoffs.
Valmet has a total of 19,000 staff globally, out of which 9,200 are white-collar staff. In Finland, the company has 4,800 white-collar employees.
Updated, 22/5/25
As a result of the cooperation negotiations, Valmet is cutting 325 jobs in Finland and 108 in Sweden.
Eurofound (2025), Valmet, Internal restructuring in Finland, factsheet number 202580, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202580.
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