Nokian Ends Negotiations, Reduces Layoff Total
Nokian Tyres ended statutory negotiations and will layoff 122 production workers and administrative staff at its Nokia, Finland, plant. Nokian had put the factory’s union on notice that it wanted to consider laying off 900 people, but the company and the union came to an agreement to let go 122 workers and staff. Cutting 122
Nokian to Lower Production, Lay Off Employees
With a downgrades in Nokian Tyres’ 2015 outlook, the Finnish tiremaker said it will decrease production and lay of workers at its Finland facility, according to Tyres & Accessories. The economic situation in Russia and the CIS countries is said to be responsible for the decrease in passenger car tires. Tires that are purchased in