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.
Professional Services 73 - Activities of advertising, market research and public relations 73.1 - Advertising 73.1 - Advertising
90 jobs Number of planned job losses
Announcement Date
7 June 2005
Employment effect (start)
Foreseen end date
Description
The infomedia company Elanders will cut 90 employees in Kungsbacka to maintain competitiveness. In a press release, the company explained that its activities were competing on a European market battered by overcapacity and price pressure. Elanders, which has currently 350 employees in Kungsbacka, has stressed its ambition to maintain its activities at the plant and to invest in a totally new organisation for the employees.
Sources
7 June 2005: Press release by Elanders
7 June 2005: Dagens Industri
Citation
Eurofound (2005), Elanders, Internal restructuring in Sweden, factsheet number 61797, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61797.