Finnish stainless-steel manufacturer outokumpu will downsize its workforce by using about 250 workers in finland, following of entirety of co-determination talks with employee representatives, the agency announced on tuesday. Negotiations also concluded in german and sweden, wherein redundancies of 230 and one hundred seventy respectively are planned. The enterprise, which is the largest producer of chrome steel in europe and the second biggest manufacturer within the americas, has plans to cut its staff with the aid of a thousand by the cease of next yr, on the way to lessen the company’s headcount to much less than 9 thousand in 2022.

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