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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.4 - Manufacture of other porcelain and ceramic products 23.42 - Manufacture of ceramic sanitary fixtures
130 jobs Number of planned job losses
Announcement Date
26 November 2002
Employment effect (start)
1 November 2002
Foreseen end date
Description
Ifö, which argues that the survival of the company depends on investments and the renewal of the product range, has decided to cut its workforce by 130 people in order to remain competitive on the market.
Citation
Eurofound (2002), Ifö Sanitär, Relocation in Sweden, factsheet number 59259, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59259.