Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Real Estate
Real Estate Activities
Real Estate Activities
68 - Real estate activities

65 jobs
Number of planned job losses
Job loss
Announcement Date
1 September 2003
Employment effect (start)
Foreseen end date
1 December 2003

Description

Drott has recently been divided into two companies in accordance with the re-organisational plan that has been approved by the shareholders. The company's new organisation will lead to major changes and the implementation of staff reduction measures : 65 full-time positions will be cut. Staff changes, which will be made following the conclusion of negotiations, are expected to be finalised this autumn.


Sources

  • 1 September 2003: Dagens Nyheter
  • 1 September 2003: Press Release made by Drott

Citation

Eurofound (2003), Drott, Internal restructuring in Sweden, factsheet number 60131, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60131.