The announcement came after the conclusion of consultative talks on the issue.
Chief Shop Steward Petri Sorvali told Yle, the employees affected would leave the company at the end of this month.
Following this, a new shift working system would be implemented at its plant in Nokia near the city of Tampere. Company management says this creates a need to cut down outsourced labour and approximately 100 employees.
In a press release, Nokian Renkaat also notes that a EUR 30 million production modernization program going on in the Nokia factory reduces its work force needs.
Nokian Renkaat employs around 450 people in Finland.
Last year the company announced a one-third increase in production capacity compared to 2010 largely through investments at its plants in Russia.
A new plant next to the company’s present facility in Russia is to due to come on stream this year. It will have an annual production capacity of six million tyres. By the end of 2014, Nokian Renkaat hopes to be turning out annually approximately 17 million tyres from its Russian plants.