Analyze the sentiment of this statement extracted from a financial news article. Provide your answer as either negative, positive, or neutral.
Text: Most of the permanent layoffs will be in the plywood and sawn timber sectors of the Finnish company 's operations at several domestic mills , where earlier this year it temporarily laid off some 1,200 workers to save costs .
Answer:
Analyze the sentiment of this statement extracted from a financial news article. Provide your answer as either negative, positive, or neutral.
Text: Most of the permanent layoffs will be in the plywood and sawn timber sectors of the Finnish company 's operations at several domestic mills , where earlier this year it temporarily laid off some 1,200 workers to save costs .
Answer:+negative