UPM Plywood has concluded the change negotiations that were launched in April in UPM Plywood's business organization, business functions, and global functions in Finland.
The aim of the negotiations has been to safeguard the competitiveness of UPM Plywood business in a challenging operating environment by improving the efficiency and profitability of operations. The aim is also to develop UPM Plywood operating model to support organizational renewal, and to provide opportunities for job rotation and skills development.
Approximately 100 senior salaried and directors were included in the scope of the negotiations. As a result of the negotiations, a reduction of 9 positions will take place. In addition, the plan will lead to changes to the organization of work, job descriptions, and job locations within the UPM Plywood organization.
UPM offers support to those affected by personnel reductions. Change security includes services and training aimed at re-employment.
For further information please contact:
Susanna Rinne, Executive Vice President UPM Plywood, tel. +358 (0)204 156 463
UPM, Media relations
Mon-Fri 9:00–16:00 EEST
tel. +358 40 588 3284
media@upm.com
UPM Plywood offers high-quality WISA® plywood and veneer products for construction, vehicle flooring, LNG shipbuilding, parquet manufacturing and other industrial applications. In 2024, UPM Plywood sales were €430 million and it has around 1,600 employees. wisaplywood.com
UPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,800 people worldwide, with annual sales of approximately €10.3 billion. Our shares are listed on Nasdaq Helsinki Ltd.
UPM – we renew the everyday
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