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
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 plans to reduce its workforce by 350 workers. The restructuring will affect all the company's Nordic paper mills, including the ones in Frövi (Örebro), Kalix (Norrbotten), Grums (Värmland), Gävle (Gävleborg), Skärblacka (Östergötland) in Sweden and Pietarsaari in Finland. Around 238 workers will lose their jobs in Sweden. The restructuring is part of a reorganization plan through which the company aims at increasing efficiency and market competitivity.
Cooperation negotiations will start in the shift between October and November.
Billerud currently employs around 2,000 people in Europe, and 6,000 globally. The restructuring announcement in Sweden has also been recorded in the ERM database Billerud 2023 - SE.
Eurofound (2023), Billerud, Internal restructuring in European Union, factsheet number 200544, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200544.
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