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L&T launches job cuts, temporary layoffs in waste services overhaul

PUBT·07/14/2026 12:33:38
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L&T launches job cuts, temporary layoffs in waste services overhaul
  • Lassila & Tikanoja launched change talks, triggering labor measures as it tightened 2026 profit guidance and started a waste-services cost-cutting program.
  • Up to 20 jobs to be cut.
  • Temporary layoffs planned for up to 420 employees for up to 14 or 30 days.
  • Action follows weaker waste-management profitability in H1, hit by lower volumes, fuel cost inflation, higher incineration gate fees.
  • Adjusted EBITA outlook cut to EUR 33-38 million from EUR 38-44 million; revenue outlook kept at EUR 420-450 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. L&T - Lassila & Tikanoja Oyj published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.