"Valmet Automotive will give 222 employees notice. The decision was made after the co-operation negotiations initiated on November 1st. From these 222 employees, 216 are blue-collar and 6 white-collar. In the negotiation proposal the reduction need was assessed to be 260 employees. After the reduction, the personnel will number a little more than 800 persons.
As a result from the weakened car market the car output will gradually fall by early April till 102 cars per day from the daily output of 153 cars in November."
Never heard of Valmet, well they make the Porsche Boxster and Cayman.
"Currently, Valmet Automotive produces two models for Porsche AG, the Boxster (2nd generation) and the new Cayman.
Valmet Automotive is the only producer of Porsche cars outside Germany. Since 1997 altogether 150,000 Porsche sports cars have been manufactured in Finland."
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