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Reports 2002  >  Corporate Responsibility  >  Human Resources  >  Workforce Reductions  >  Papyrus UK

In connection with the merger of Stora and Enso in 1999, Caxton Papers UK and Brand were merged into Papyrus UK Ltd. Despite successful cost-saving programmes and a major effort from employees, it proved impossible to make operations profitable and a decision was taken at the beginning of 2002 to close UK operations.

A total of 214 people were affected, of whom 198 were made redundant in May. Some of the business was sold to a competitor, which took on eight people. A further eight continued with Stora Enso until the end of 2002.

95% of the 198 people made redundant have found other jobs or solutions. This success can be attributed to

  • Good communications
  • Good project planning
  • Excellent legal and tax advice
  • Very good cooperation with an outplacement company
  • Good teamwork
  • TQM principles



     
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