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Thu, 16 Oct, 2014 12:25:18 AM Ftimes Report, Oct. 16  File Photo – Lehtikuva. Fazer Group has confirmed that it has concluded group's collaboration negotiations concerning white-collar and upper white-collar jobs.
As a result, 49 positions will be terminated, said Fazer in a press release. Initially Fazer had estimated a need to terminate 61 positions.
The negotiations covered white-collar employees and upper white-collar employees working for Fazer’s food service, bakery, confectionery and café businesses.
The decision was carried out in order to respond to the quick and extensive changes in Fazer’s operational environment and to secure the company’s profitability and maintain competitiveness, the release added.
Fazer said consumer behaviour and clients’ expectations have changed, price competition has become fiercer and Fazer’s net sales growth has stagnated due to the weakening purchase power and declining total consumption.
“We will support individually those whom the termination of employment will affect since we want to further their chances of relocation,” said Mika Videman, the Director of Human Resource at Fazer Group.
Fazer employs over 6,600 people in Finland of which 1,300 are white-collar employees.
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