Nokian Tyres adjusting output in Russia, freezes hiring at new USA plant
In addition to the temporary layoffs planned for its factory in Finland and announced last week, Nokian Tyres is implementing changes at its other sites in response to the COVID-19 outbreak. Production output in Russia will be flexibly adjusted “in line with global demand.” While the ramp-up of Nokian’s new plant in the USA continues, the company has postponed recruitment of additional employees. Furthermore, work on the new test centre in Spain has also temporarily stopped, delaying the project.
On 18 March, Nokian Tyres entered into two weeks of employee cooperation negotiations regarding temporary layoffs at its plant in Nokia, Finland. It says the background for these activities is the “collapsed demand in the European car and tyre market” due to coronavirus. The company will provide updates about affected employees after negotiations conclude.