JYVÄSKYLÄ – Scandinavian textile fibre innovator Spinnova has announced that fewer jobs have been lost than feared in its recently completed cost-cutting review aimed at putting its finances back on track.
Spinnova, which makes textile fibre out of textile and agricultural waste without the use of potentially harmful chemicals, last month announced it had embarked on a structural shake-up to cut costs by up to €1.4 million per year.
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