Swedish Forestry Firm Södra Axes 200 Redundant Roles

Sweden’s largest forest industry group, Södra, has axed 200 positions as the pulp producer restructures operations. Global uncertainty has hit both demand and pricing, the company said, leading to an overall financial impact requiring decisive action. Södra cited rapid currency fluctuations, geopolitical uncertainty and an imbalance between raw material prices—plus the sales prices of its products—as negatively impacting profitability. More from Sourcing Journal That resulting decisive action affects the ...