Neste to slash jobs following weak Q4

Art Aiello Editor, Power Briefing

19 February 2025

Reuters reported that Finland’s Neste is cutting about 600 positions. The company cited an excess supply in the renewable fuel market that caused a slump in quarterly core profit.

According to the report, Neste CEO Heikki Malinen said the renewable fuel market is facing ongoing challenges. These include uncertainty in…

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