As more of Exel Sport’s production is now outsourced to the Far East, Exel’s industry division has to start cutting costs at the company’s Mäntyharju factory based in South-East Finland. Negotiations have started to make12 permanent layoffs and 12 temporary ones among the non-salaried employees at the factory, and 5 layoffs among the employed staff. These negotiations should be completed by March 2008.