Saab Bofors Dynamic

Type
Internal restructuring
Country
Sweden
Region
Norra Sverige; Norra Mellansverige;
Location of affected unit(s)
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.3 - Manufacture of weapons and ammunition
25.3 - Manufacture of weapons and ammunition
80 jobs
Number of planned job losses
Job loss
Announcement Date
1 October 2003
Employment effect (start)
Foreseen end date

Description

Saab Bofors Dynamics, which has approximately 700 employees in Karlskoga, will cut 80 jobs because of a reduced workload at the development unit. As put by the CEO himself, two major development programs, 'Bamse' and 'Taurus', will soon end and very little study and development work has been handed over to the company for two years.

Sources

  • 1 October 2003: Dagens Nyheter
  • 1 October 2003: Saab Bofors Dynamics's Press Release

Citation

Eurofound (2003), Saab Bofors Dynamic, Internal restructuring in Sweden, factsheet number 60208, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60208.