Rautaruukki starting joint staff negotiations affecting corporate Services and rautaruukki steels technology sales and investment Service units. Rautaruukki is starting joint staff negotiations affecting corporate services and Rautaruukki Steel's Technology Sales (Tem) unit and Investment Services (Inp unit). The negotiations are part of the group's cost-cutting actions. A total of more than a hundred people work in corporate administration, and it is planned to reduce this number by a fifth. The reductions in staff will be achieved through early pension arrangements, by terminating the contracts of people on fixed-term contracts, by job transfers or through possible redundancies. In Rautaruukki Steel's Technology Sales units the goal is to trim all costs in order to restore business operations to profitability. Personnel reductions will be achieved through early pension arrangements, by job transfers or through possible redundancies. The unit employs 35 people. It is planned to move Rautaruukki Steel's Investment Services entirely from Oulu to the works in Raahe and Hameenlinna. Personnel will be offered the opportunity of moving to Raahe or Hameenlinna, or Rautaruukki will try to help them find work with a new employer. The transfer aims to cut costs and raise efficiency in operations. Investment Services provide work for 37 people.

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