Major equipment and infrastructure investments totalling USD 250 million
Permanent shutdowns of uncompetitive paper machines and pulping units
Improved product portfolio, enhanced quality Personel reductions The programme inevitably included significant personnel reductions as some machines that were not or would not be competitive in the long term were shut down. Some difficult decisions therefore had to be made to achieve the full potential of the assets. By 2005 the Group will be employing some 5 000 people in North America, down from 7 300 in 2000. The percentage reduction in the workforce in North America since 2000 is slightly over 30% for both management and hourly-paid workers. Workforce reductions have been achieved in a number of ways, including severance, retirement and attrition. Stora Enso North America has provided outplacement services to help displaced employees find new employment through a special career centre. |
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