Lehto Group Plc
10 September, 2019 at 8.00 am.
Lehto Group will start employee negotiations on measures to improve profitability and to adjust its personnel and factory capacity to the current need.
Lehto estimates that the ongoing employee cooperation negotiations can lead to a total reduction of up to 150 man-years, which aims at annual cost savings of approximately EUR 7 million. Negotiations may include redundancies, lay-offs, part-time work, job reassignments and reassignments, and related retraining issues. It is estimated that the negotiations will be