SJ

Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Transportation / Storage
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
49 - Land transport and transport via pipelines
700 jobs
Number of planned job losses
Job loss
Announcement Date
14 May 2003
Employment effect (start)
Foreseen end date

Description

SJ has announced it will cut 700 jobs in order to improve its financial situation. Some practical measures have been set and will be implemented in the context of the cost saving programme presented by the CEO.

Sources

  • 14 May 2003: Dagens Nyheter
  • 14 May 2003: Press release made by SJ (www.sj.se)

Citation

Eurofound (2003), SJ, Internal restructuring in Sweden, factsheet number 60046, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60046.