Saab Aerotech

Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Linköping, Arboga
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.3 - Manufacture of weapons and ammunition
25.3 - Manufacture of weapons and ammunition
100 jobs
Number of planned job losses
Job loss
Announcement Date
27 February 2006
Employment effect (start)
Foreseen end date

Description

Saab will cut 100 jobs in the Saab Aerotech business unit. The redundancy plan will affect 60 employees in Linköping and 40 employees in Arboga. The reason for this plan is the changing market situation, i.e. the need for increased flexibility and rationalisation combined with the downward trend in the Swedish defense market and the synergy effects of the company’s new organisation.

Sources

Citation

Eurofound (2006), Saab Aerotech, Internal restructuring in Sweden, factsheet number 63082, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63082.