Nokian Tyres will begin personnel negotiations to improve its financial performance

Nokian Tyres plc Press Release October 28, 2025, at 1:30 p.m. EET

Nokian Tyres will begin personnel negotiations to improve its financial performance and operational efficiency. The negotiations involve white-collar employees in Group functions and in all Nokian Tyres business units in all countries as well as blue-collar and white-collar employees in passenger car and heavy tire production in Nokia, Finland.

The negotiations concern altogether some 1,700 permanent white-collar positions in Nokian Tyres Group. According to preliminary assessments, the planned adjustment measures may lead to termination of 80 permanent white-collar positions. The planned adjustment measures also include temporary layoffs of approximately 650 blue-collar and white-collar employees in passenger car and heavy tire production in Nokia, Finland for a maximum period of 90 days per person. 

When applicable the negotiations and other necessary processes will begin immediately in accordance with each country’s legislation.

Possible temporary layoffs in passenger car and heavy tire production may be implemented by the end of 2026, with permanent white-collar positions possibly ending by late 2025.

At the end of September 2025, Nokian Tyres employed approximately 4,400 people globally, of whom 2,045 are in Finland.

For further information: [email protected]

Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 3,800 people with net sales of EUR 1.3 billion in 2024, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further information: company.nokiantyres.com