SSAB to Initiate Negotiations to Reduce Workforce in Finland



  • SSAB is to initiate employer-employee negotiations regarding a potential reduction in the workforce at SSAB Europe division’s production site in Raahe and in the Ruukki Construction division.
  • SSAB Europe has responsibility for strip, plate and tubular products in Europe, and global profit responsibility for the Automotive segment.
  • The negotiations will affect around 2,900 employees in Finland and there is a need to reduce the workforce by a maximum of 295 persons.
  • The negotiations at the Raahe site affect the entire personnel, 2,455 persons: all employees in production and support functions at SSAB Europe, SSAB Special Steels and group functions.
  • The negotiations at Ruukki Construction aim to reduce costs by a total of at least SEK 200 million on a permanent annual basis.


Source

Discover the building information modeling market that will be worth $8,646.47 million by 2020, at a CAGR of 16.72%



  • The building information modeling market is expected to grow from a market share of $2640.12 million in 2013 to $8646.47 million by 2020 at a CAGR of 16.72%.
  • Players involved in the development of building information modeling market include Archidata Inc.(Canada), Asite Solutions Pvt.
  • This growth is expected due to the growing industrial sector for the building information modeling market.
  • Browse 111 market data tables and 80 figures spread through 230 pages and in-depth TOC on “Building Information Modeling Market – Analysis and Forecast 2013 – 2020”.
  • The quality of building information modeling process is determined by reducing costs, saving time, and improving speed of the process.


Source