Finnish dairy group, Valio, has announced it has completed its head office restructure negotiations and confirmed 168 jobs are set to go.
The negotiations concerning 760 staff, were announced in October. Valio started talks as a result of lost revenue from Russia’s import restrictions.
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“The need to adapt is a direct consequence of Russia’s import embargo, the collapse in world market prices for industrial products, and Finland’s weaker consumer purchasing power,” the company said at the time.
Valio said today (19 November) “cancellable employment” affects 100 staff with the remainder being accounted for through pensions or other arrangements.
