Nokian Tyres Negotiating Planned Temporary Redundancies

Nokian-Tyres

Nokian Tyres has begun employee cooperation negotiations on planned temporary redundancies affecting personnel based in Finland.

Covid-19 Continues to Impact Tyre Industry

The background for these activities is the decrease in the demand in the European car and tire market, which is due to the COVID-19 outbreak. According to Nokian's assessment, the mobility limitations caused by the COVID-19 situation also affect the amount of work in certain functions.

The employee cooperation negotiations concern all personnel based in Finland at Nokian Tyres plcNokian Heavy Tyres ltd, Vianor Holding Oy and Vianor Oy. The employee cooperation negotiations have already been concluded in Levypyörä Oy and NT Tyre Machinery Oy.

The negotiations concern approximately 1,630 people. The plan is to achieve the necessary level of adjustment by using temporary lay-offs of at most 90 days per employee. The exact number of people being temporarily laid off, and the duration and form of the temporary lay-offs will be determined during the course of the negotiations.

The negotiations will begin on March 18, 2020, and last for two weeks.

About the author

Richard Wilson is the deputy editor for Commercial Tyre Business. Since 2015, Richard has worked as a correspondent for all of the titles across the Valebridge Publications Ltd Group namely: Retreading Business, Tyre & Rubber Recycling, The Tyreman and Truck and Bus News. Richard has worked on/off from the age of 16 for the company and whilst gaining a Bachelor's Degree in Spanish and Business Studies at Coventry University, he developed his writing skills at the University paper and more recently writing his own independent blog.

Contact: richardjwilson@btconnect.com

Phone: (44) 1270 668 718

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