Meyer Werft Shipbuilding Yard in Turku Finland Prepares For Layoffs.

Meyer Werft Shipyard Turku Finland Expecting layoff due to cruise lines impacted by the coronavirus.

The Meyer Werft Turku Finland shipyard  has initiated talks to lay off up to 450 of its roughly 2,000 employees. The shipyard, which relies heavily on the construction of cruise ships.has seen a slow-down in construction as cruise lines have requested extended delivery dates for ships currently under construction.  The cruise industry was hit very had by the sudden shutdown of operations and is more focused on having exiting ships return to service rather than add additional capacity. Many cruise lines are in negotiations to delay / slow down / eliminate the construction of new ships due to the coronavirus pandemic.
 
The shipyard, which is on the west coast of Finland, had initially started talks over temporary layoffs, but said the market situation had now forced it to look for permanent cuts.

 “These negotiations will include the permanent layoff of 450 people and another 900 are affected by other measures. These include temporary layoffs of different length, work time adjustments and other arrangements,” the company said in a statement.

Instead of ramping-up from one to two large ships delivered per year until 2023, the assumption is now that the Turku yard will build just one large cruise ship per year.

Meyer Werft is headquartered in Papenburg, Germany and has ship building facilities in both Papenburg, Germany and Turku, Finland.


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