PONSSE has confirmed that more than 60 jobs are being cut at the manufacturer. 

The firm says 21 employment contracts will be terminated at its Finland HQ with a further 40 roles outside of the country to go. It is not clear yet whether this applies to any positions in the UK. 

It had previously been announced that as many as 140 roles were at risk across its global operations as Ponsse "shakes up" its operating model. 

Having announced that its current set up is "no longer sustainable", the manufacturer is bringing in a series of changes from June, which will include more of a focus on five regional market areas.  

Confirming the 61 job losses, a Ponsse statement read: "Changes in Ponsse’s operating model and related cooperation negotiations resulted in the termination of 21 employment contracts in Finland and about 40 outside Finland. 

"Previously, the changes were estimated to cause the termination of 120–140 employment contracts in the company, of which 50–60 would have been in Finland. 

"However, the number of terminated employment contracts was smaller than estimated after dozens of the company’s employees were reassigned to new positions that resulted from the changes in the operating model.

"Ponsse announced that the planning process for the changes in the operating model and related cooperation negotiations had been completed on 3 April 2024 when the number of dismissals was not yet known due to internal recruitment."

As part of the shake-up, Ponsse will divide its operations into five market areas from June 1. These will be: 1) Nordic countries and the Baltics; 2) Europe; 3) South America; 4) North America; and 5) Asia, Australia and Africa.