It plans to cut more than 200 jobs by
the end of next year as part of a cost-reduction program to deal with "weak
performance and low demand."
Finnish plumbing and heating supplierUponorannounced last week it plans to cut more than 200 jobs around the world by
the end of next year as part of a cost-reduction program to deal with "weak
performance and low demand." Uponor recently reported net sales for the second
quarter fell by 7.4% compared to last year's results during the same period. The
company currently employs some 4,200 people.
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