HELSINKI, April 12 Finnish engine maker Wartsila
(WRT1V.HE) said on Monday it would temporary lay off up to 900
workers at its plant in Vaasa, western Finland, to cut
production levels in line with significantly lower demand.
The company said it would start negotiations about the
layoffs with staff on Tuesday and estimated the layoffs would
begin in mid May and would last at most 90 days per person.
"This is related to Wartsila's announcement earlier this
year on capacity cuts. We believe and hope that the capacity
demand will return," Juha Kytola, president of Wartsila Finland,
In January the company said it would cut some 1,400 jobs and
move production to China to boost competitiveness amid tough
(Reporting by Terhi Kinnunen; Editing by David Holmes)