Glaston announces temporary layoffs for spring 2009

Glaston Corporation's statutory employer-employee negotiations under the Act on Co-Determination within Undertakings (YT negotiations) have been concluded. The start of the negotiations, relating to Glaston's efficiency program, was announced in October.

Glaston Finland will have temporary lay-offs of its entire workforce, a total of 200 employees, for an average of 4-8 weeks in spring 2009. Sales, service and product development personnel are unaffected by the temporary lay-offs.