FINLAND - Finnish based meat processor HKScan Corporation and HKScan Finland Oy have concluded statutory negotiations among white-collar office and managerial personnel based in Finland of job cuts.
The negotiations, part of a reorganisation and rationalisation of operations in Finland, involved about 400 employees.
HKScan said it is working to boost its operational efficiency and harmonise and consolidate its organisational structure in a bid to boost profitability.
Through forthcoming restructuring, HKScan said it plans to reduce costs, increase efficiency and anchor a more business-driven way of working in the organisation.
The changes will affect a total of 68 employees.
Certain positions will be axed and others will involve changes in roles, responsibilities or terms of employment.
The job losses will come to 51.5 full-time equivalents (FTEs).
The Group plans to achieve part of these reductions through retirement and part-time employment arrangements.
Most of the changes will be completed by the end of 2014, with the aim of producing an annual cost saving of €4 million.
HKScan currently has approximately 2,800 employees based in Finland.
TheMeatSite News Desk