Metso plans lay-offs in Germany

Metso has concluded negotiations with the workers council about lay-offs in Metso’s metal recycling business. All personnel categories in Metso’s unit in Düsseldorf, Germany are affected by the reductions, altogether 115 people.

The primary reason for the lay-offs is that the demand for metal recycling equipment is weak due to low scrap metal prices and decrease in steel production in Europe and North America. The reductions are part of the process to streamline Metso’s metal recycling business operations and structure, in order to improve competitiveness in a changing business environment.