STOCKHOLM, Sept 25 (Reuters) - Swedish steel maker SSAB will initiate talks with trade unions to adjust its workforce in Finland due to continued weak demand, it said on Monday.
SSAB said in a statement the aim is to cut costs by at least 10 million euros ($10.63 million) annually and the negotiations affect around 2,400 of its around 4,700 employees in Finland.
"The aim is to work together to find solutions to increase flexibility, mobility and multi-skills so that our operations respond more flexibly than at present to future needs," it said.
"Unless agreement is reached on the primary operations models pursued, the negotiations could result in workforce reductions." (Reporting by Anna Ringstrom, editing by Terje Solsvik)