STX cuts Turku workforce

15 Jan 2010
Turku shipyard

Turku shipyard

As a sign of the times, STX Europe’s Turku shipyard in Finland has confirmed that it will cut some 430 jobs.

This move follows an earlier announcement by the shipbuilder in November 2009 that it was considering reducing its labour force at the yard.

The company cites stagnating production and financial difficulties for the downsizing and adds that nearly all staff can expect working hours to be slashed at some point.

“The need to permanently decrease the number of employees by more than 400 persons has been established. The number consists of approximately 370 blue collar workers and 60 white collar workers,” said a company statement. “The need to significantly improve the competitiveness and cost-effectiveness has increased… streamlining the operations are prerequisites for the future of the shipyard,” said a statement from STX Europe.

STX Finland is currently building the last ship on its order book, the Royal Caribbean Cruise Lines’ Allure of the Seas, which will be delivered later this year. The future of the shipyard appears bleak if no new orders materialise.

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