The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Wood And Paper Materials Manufacture Of Paper And Paper Products 17 - Manufacture Of Paper And Paper Products
238 - 350 jobs Number of planned job losses
Announcement Date
25 October 2023
Employment effect (start)
25 February 2024
Foreseen end date
25 July 2024
Description
The Swedish pulp and paper manufacturer Billerud has announced that it will have to reduce their workforce by 350 workers globally. These layoffs will primarily affect papermills in Frövi (Örebro), Kalix (Norrbotten), Grums (Värmland), Gävle (Gävleborg), Skärblacka (Östergötland). An estimated 238 workers will be let go in Sweden. Layoffs will also affect the papermill in Pietarsaari, Finland. According to Billerud, this is to increase efficiency and increase market competitivity.
Billerud currently employees around 2,000 people in Sweden, and 6,000 globally.
According to local union representatives at both the mill in Frövi and Kalix, it is unclear if the layoffs will primarily affect millworkers or corporate workers. They are, however, worried since this is the third restructuring in the past three years. Cooperation negotiations will start in the shift between October and November.
Sources
25 October 2023: Oron stor när 350 ska bort från Billerud – ”Många undrar: Kommer det drabba mig?” (da.se)
25 October 2023: Delårsrapport januari–september 2023 (www.billerud.se)
Citation
Eurofound (2023), Billerud, Internal restructuring in Sweden, factsheet number 200443, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200443.
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