Neste will cut 320 jobs in Finland – 2024-03-13 13:06:48

Neste’s Singaporean employee pictured in 2023. Neste will reduce 320 jobs in Finland and 70 jobs elsewhere in the world. Pia Heikkilä

Neste will reduce 320 jobs in Finland, the company announces that it has concluded its change negotiations. Globally, Neste will reduce an additional 70 jobs.

The changes are mainly aimed at the development tasks of the renewable products business and joint operations, in which case the biggest impact will be on senior employees in Espoo and Porvoo, Neste tells Iltalehti by email.

Nesteen is reorganizing its renewable products business.

Neste expects savings of 50 million euros per year from layoffs and restructuring.

In 2023, Neste’s turnover was 22.9 billion euros and operating profit was 1.7 billion euros.