Metso Outotec, a company that was established on 1 July announced the start of co-determination talks that could lead to significant job cuts.
The company, which is the result of a merger between Metso Minerals and Outotec, said it needed to reduce the workforce by 280 positions to eliminate redundancies.
The majority of Metso Outotec's workforce — approximately 2,400 employees — are covered by the negotiations.
The company said that the impact of the proposed job cuts on various staff groups will become clear only in September.
However payroll cuts are not expected to affect the operations of Outotec Turula, Outotec Ceramics and Outotec Filters or Metso Minerals' rock crushing business.
Similar negotiations are also planned in other countries where the firm operates. Metso Outotec employs a total of about 15,600 people in 50 countries.