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Patria will start employee co-operation negotiations in its Land business unit due to the productional and financial reasons. Negotiations concern all functions and personnel groups. Objective of the negotiations is to adapt the number of employees and organization to meet the current workload and order stock. The main target is to secure competitiveness of Land business unit in the future and to retain strategic operations and capabilities.  

Reductions will affect at the most 110 persons, and in addition to that temporary lay-offs are possible. During co-operation negotiations other options will be actively sought to avoid terminations of employment, such as internal transfers, temporary lay-offs or other arrangements. The co-operation negotiations will be finalised by the end of May, 2014.

Further information: Mika Kari, President, Land Business Unit, Patria, p. +358 40 869 2105, [email protected]