The lay-off of 19 staff and hourly employees will put $1.4 million of savings back in Tembec’s pockets every year, …
The lay-off of 19 staff and hourly employees will put $1.4 million of savings back in Tembec’s pockets every year, the company has said of the decision to introduce cost-reduction measures at its Timmins, ON, mill.
“Decisions of this nature are never easy and Tembec regrets the impact that the steps announced today will have on affected employees and their families,” said Dennis Rounsville, executive vice president and president of the company’s forest products group. “We will reduce the sawmill’s expenses by restructuring and reorganizing certain functions, including production and maintenance. These measures should be fully implemented by February 20 and will result in a workforce reduction from the current total of 124 down to 105.”
Referred to as “Operation Intensive Care,” the scaling back is part of a larger project designed to make the company more profitable. Five sites and one woodlands facility are included in the project, which will involve the revision of the operations and the drawing up of an improvement plan for each.
Print this page
