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MEYER TURKU STARTS PERSONNEL LAY-OFF NEGOTIATIONS

Wednesday, April 29, 2020 

The Meyer Turku shipyard has followed temporary layoffs, which started in the middle of March, with proposals for the permanent layoff of 450 personnel, with a further 900 likely to affected by anti-coronavirus measures.

These latest negotiations include temporary layoffs of different lengths, working time adjustments and other arrangements, and all personnel groups and levels are affected.

“The corona pandemic has changed the situation unexpectedly and totally. We are facing the fact that the corona-caused pause in cruising requires to stretch the order book. We are currently discussing the details with our customers. This new situation will force us to take painful adaptation measures to secure a sustainable future for Finnish cruise ship building and the network”, said CEO Jan Meyer. “Our preparations have been for the future. Now unexpectedly that future has changed and we have to adjust to that new future. Instead of a further ramp-up from one to two large ships delivered per year until 2023, the estimation is now that Turku shipyard will in the future build one large cruise ship per year and not further ramp-up.”

The exact changes to the building and delivery times of the seven ships in Meyer Turku order book (formerly reaching until 2025) are still under negotiations with the shipyard’s customers.

Meyer Turku recorded a significant financial loss in 2019, mainly due to the delivery delay of the Costa Smeralda, caused through the ship’s size and complexity.

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