Stora Enso is laying off 300 employees

Photo: Stora Enso, Patrik Lindén

Stora Enso has started negotiations with the intention of laying off employees at the Kouvola paper mill in Finland. The entire staff of 300 people will be affected by the decision.

According to Svenska Yle, the reason for the layoffs is the difficult market situation and the declining demand for paper.

In May this year, Stora Enso notified 400 employees of business closure at its cardboard mill in Oulu, Finland.