# Konecranes to lay off 55 employees in Finland

Konecranes announced cooperation negotiations in Germany and Finland for its Industrial Equipment business area, with estimated permanent layoffs of 25 employees in Hyvinkää and 30 in Hämeenlinna, Finland, due to poor performance in the ETO crane business and weak market demand.

- Type: Closure
- Announced: 2020-09-21
- Where: Hyvinkää and Hämeenlinna, Finland, Finland
- Jobs: -55
- Status: announced
- Products: Engineer-to-Order (ETO) cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md)

## Sources

- [konecranes.com](https://www.konecranes.com/press-releases/konecranes-to-start-cooperation-negotiations-in-germany-and-finland-in-its-industrial-equipment-business-area), 2020-09-21: "The estimated permanent lay-off impact in Hyvinkää is 25 employees and in Hämeenlinna 30 employees."
- [konecranes.com](https://www.konecranes.com/press-releases/konecranes-concludes-cooperation-negotiations-in-finland-in-its-industrial-equipment-business-area), 2020-11-05: "the number of full-time positions to be reduced in Hyvinkää will be 13, and in Hämeenlinna it will be 4."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.