Finnish engineering firm Wartsila (WRT1V.HE) has no plans at the moment to cut more jobs at its hard-hit Ship Power unit, its chief executive said on Wednesday. The firm said in May it would cut 400-450 jobs at the division, around one third of the total workforce, due to a sharp fall in demand, and on Wednesday it forecast the standstill in the market to last for “quite some time”.
Green Marine
about 17 years ago
Wartsila CEO says ship unit job cuts enough for now
Finnish engineering firm Wartsila (WRT1V.HE) has no plans at the moment to cut more jobs at its hard-hit Ship Power unit, its chief executive said on Wednesday. The firm said in May it would cut 400-450 jobs at the division, around one third of the total workforce, due to a sharp fall in demand, and
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