Stora Enso could lay off 5,000 workers

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Stora Enso could lay off 5,000 workers
Oluşturulma Tarihi: Ocak 20, 2009 00:00

HELSINKI - Europe's leading paper and cardboard maker, Stora Enso said yesterday it could temporarily lay off more than 5,000 workers in Finland due to weakened demand.

In a separate statement the company said fourth quarter profit would be hit by 670 million euros ($891 million) in charges due to reduced production and wood inventory write-downs. Stora Enso had previously said it will permanently slash nearly 1,800 jobs in Europe.
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