LNJ IT Konsult

Type
Bankruptcy
Country
Sweden
Region
Location of affected unit(s)
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
130 jobs
Number of planned job losses
Job loss
Announcement Date
24 September 2002
Employment effect (start)
1 September 2002
Foreseen end date

Description

Modul 1's affiliated company LNJ IT Konsult, which employs 130 people, decided to file for bankruptcy. This decision is part of a cost reduction plan, which will allow the mother company to save about 9 million SEK every year.

Citation

Eurofound (2002), LNJ IT Konsult, Bankruptcy in Sweden, factsheet number 58900, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58900.