Autoliv Electronics

Type
Internal restructuring
Country
Sweden
Region
Östra Sverige; Östra Mellansverige; Östergötlands län
Location of affected unit(s)
Motala
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
99 jobs
Number of planned job losses
Job loss
Announcement Date
11 January 2007
Employment effect (start)
Foreseen end date

Description

Autoliv Electronics, which produces electronics components for the automotive industry, is going to cut 99 out of 400 jobs at its plant in Motala. Christer Johansson, CEO of the company, explained on 11 January 2007 that the decision is the result of the growing competition within the automotive industry. 'We have not made profits for two years. We hope that these measures will give us better perspectives for the future again'. Negotiations with trade unions are already underway.

Sources

  • 11 January 2007: Sveriges Television
  • 11 January 2007: Sveriges Radio

Citation

Eurofound (2007), Autoliv Electronics, Internal restructuring in Sweden, factsheet number 64767, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64767.