Type
Internal restructuring
Country
Sweden
Region
Stockholm;
Location of affected unit(s)
Sector
Real Estate
Real Estate Activities
Buying, Selling And Rental Activities
68.2 - Rental and operating of own or leased real estate

200 jobs
Number of planned job losses
Job loss
Announcement Date
8 February 2006
Employment effect (start)
Foreseen end date

Description

The estate company Svenska Bostäder will cut 200 jobs in Stockholm. The dismissals, which are part of a reorganisation plan aiming at increasing efficiency, are expected to lead to savings of about 50 million SEK per year. Outplacement measures will be implemented in order that no dismissed workers are left unemployed.


Sources

  • 8 February 2006: Press release by Svenska Bostäder
  • 8 February 2006: Sveriges Radio

Citation

Eurofound (2006), Svenska Bostäder, Internal restructuring in Sweden, factsheet number 62921, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62921.