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 (29 - 30) Manufacture for transport equipment 30 - Manufacture of other transport equipment 30 - Manufacture of other transport equipment
80 jobs Number of planned job losses
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.
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