”We are in a situation that requires us to act decisively to strengthen ourselves in the long term”, says Lotta Lyrå, CEO and group CEO, there.
Södra, which is both a forest owners' association and an international forest industry group, states that the notice is one of several measures to address negative profitability. The 200 affected positions are in Mönsterås, Mörrum, Värö and Växjö. Union negotiations are ongoing.
Rapid currency changes, geopolitical unrest and a long-term unsustainable relationship between raw material prices and finished goods prices are cited as causes by Södra.
The notice is one in a series in the forest industry. In September, for example, Billerud announced that 650 positions will be eliminated.
Södra has around 3,200 employees.
