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Valmet is renewing its strategy and operating model to enhance growth and efficiency, creating business areas focused on capital equipment and aftermarket services.
Valmet is renewing its strategy and operating model to enhance growth and efficiency, creating business areas focused on capital equipment and aftermarket services. The company plans to streamline decision-making and reduce overhead costs, with up to 1,150 white-collar job cuts globally, saving an estimated EUR 80 million annually. The changes, including a new Executive Leadership Team, will take effect by July 2025. Valmet is committed to supporting employees during the transition.
Source Link:- https://www.papnews.com/valmet-plans-to-renew-its-operating-model-to-better-serve-customers-with-a-lifecycle-approach-and-to-increase-efficiency/