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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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