Metsä Group has announced statutory negotiations that may lead to the loss of 800 permanent jobs, with 540 of them in Finland. The move follows a cost-saving programme aimed at securing €300m in annual savings as the forestry company struggles with weak demand and mounting losses. The company said the cuts will affect all its business areas and group operations. No factories are expected to be shut down, but the measures include restructuring, changes in duties, and efficiency improvements...
