Saarioinen launches restructuring talks that could affect about 50 jobs

Saarioinen Oy and Artekno-Saarioinen Oy have begun restructuring negotiations under the Act on Co-operation within Undertakings that affect about 50 employees, Tamperelainen reported.

Saarioinen said the talks respond to prolonged challenges in the group’s operating environment and a need to adapt to a changed market. CEO Ilkka Brander said consumer confidence has remained low for an extended period. Buying patterns have shifted, forcing the firm to streamline operations and review its cost base to safeguard competitiveness and long-term profitability. The preliminary plan lists 14 positions to be eliminated and 10 new roles to be created. That means layoffs are expected to be considerably lower than the number of posts ended. Negotiations are expected to run about three weeks, during which proposals and alternatives will be reviewed with employee representatives.

The announcement follows a string of recent restructuring talks among Finnish employers, including earlier cases involving larger groups and local firms SOK’s August restructuring talks and Linkosuo’s October negotiations.