Demand for Kesla Oyj's products has not recovered as anticipated due to ongoing market uncertainty. As a result, Kesla Oyj's sales—and consequently the order volume and workload at its factories—remain at a low level. Given these factors, Kesla Oyj is planning to adjust its operations to align with current demand and existing orders. The company will begin change negotiations, which may lead to furloughs of production personnel for up to 90 days or, in some cases, until further notice.
Additionally, Kesla Oyj will examine the reorganization of its business areas during the change negotiations to enhance its customer interface organization, customer processes, and the quality of customer experience. This would involve utilizing customer-facing personnel more effectively and flexibly in selected markets. These plans are not primarily expected to reduce the number of employees. Instead, they may lead to potential adjustments in the roles and/or essential terms of employment for employees working within the customer interface or associated with this business area. Should any role or job function be discontinued due to changes in the organizational model, Kesla Oyj will aim to work cooperatively with affected employees to find suitable alternative roles within the company.
The initial stage of the change negotiations will involve Kesla Oyj's entire staff and all personnel groups. The negotiations are expected to last up to six weeks.
More information:
Kesla Oyj
Pasi Nieminen, CEO
pasi.nieminen[at]kesla.com
tel. +358 40 901 4401
Photo/image requests:
Kesla Oyj
Aleksandra Ihno, Team Leader – Marketing
aleksandra.ihno[at]kesla.com
tel. +358 40 162 6429
Kesla – Your Responsible Partner
Kesla is a responsible partner that develops machinery, technology and services for the sustainable success of our customers in the forest and beyond. Kesla has three core areas of operation: tractor equipment, harvesting machinery, and vehicle-mounted and industrial cranes. The Group’s net sales in 2023 amounted to EUR 55.4 million, of which 59% was attributable to export operations. Established in 1960, Kesla has production facilities in Joensuu, Kesälahti and Ilomantsi as well as a sales office in Appenweier, Germany. Kesla currently employs around 260 people. Kesla’s A series shares are listed on the Nasdaq Helsinki Ltd.