Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Manufacturing
Repair And Installation Of Machinery And Equipment
Repair And Installation Of Machinery And Equipment
33.2 - Installation of industrial machinery and equipment

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
14 December 2002
Employment effect (start)
1 November 2002
Foreseen end date
1 April 2004

Description

ABB has decided to suppress 10000 jobs, among which 1000 in Sweden. This staff reduction, will mainly hit the administrative employees and will be achieved through early retirements and job relocations.


Sources

Citation

Eurofound (2002), ABB, Internal restructuring in Sweden, factsheet number 59159, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59159.