Electrolux

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
United States, China, India, Australy, other locations (Sweden , Spain, Gemany, Italy)
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
5,091 jobs
Number of planned job losses
Job loss
Announcement Date
17 December 2002
Employment effect (start)
1 December 2002
Foreseen end date

Description

The Board of Directors has authorised a number of restructuring measures to improve productivity and adjust the cost structure. In Europe, these measures will affect plants in Italy, Germany, Spain and Sweden. According to the restructuring plan, 99 employees will be dismissed in Sweden.

Citation

Eurofound (2002), Electrolux, Internal restructuring in World, factsheet number 60021, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60021.