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 Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30 - Manufacture of other transport equipment
250 jobs Number of planned job losses
Announcement Date
4 April 2005
Employment effect (start)
Foreseen end date
Description
Saab Bofors Dynamics will lay off 140 people in Karlskoga and 110 people in Linköping as result of a reduced workload within the development unit. The operations in Järfälla and Gothenburg will also be affected by this decision. Negotiations with trade union organisations are still to be initiated. The redundancy plan has been set in line with what best estimates suggest will be the workload situation at the end of 2006. Depending on the tangible effects of Swedish parliaments FB04 defence resolution in December 2004, the extent of the reductions may need to be adjusted. Out of Saabs some 12,000 employees, Saab Bofors Dynamics AB has approximately 1,300 employees in total, approximately 750 of whom are based in Karlskoga and 350 in Linköping. The company also has operations in Eskilstuna, Järfälla and Gothenburg.
Sources
4 April 2005: Press release by Saab
4 April 2005: Svenska Dagbladet
Citation
Eurofound (2005), Saab Bofors Dynamics, Internal restructuring in Sweden, factsheet number 61378, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61378.
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