Saab

Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30.3 - Manufacture of air and spacecraft and related machinery
30.3 - Manufacture of air and spacecraft and related machinery
359 jobs
Number of planned job losses
Job loss
Announcement Date
9 July 2004
Employment effect (start)
Foreseen end date

Description

During the first half of 2004, a total of 359 Saab, an aerospace and defence company, employees were given notice of termination of contract, including 104 during the second quarter. The lay-offs, which were due to fewer development orders, primarily affected development engineers.

Sources

  • 9 July 2004: Press release by Saab
  • 9 July 2004: Dagens Nyheter

Citation

Eurofound (2004), Saab, Internal restructuring in Sweden, factsheet number 60440, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60440.