Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64 - Financial service activities, except insurance and pension funding

1,000 - 1,400 jobs
Number of planned job losses
Job loss
Announcement Date
16 March 2007
Employment effect (start)
1 June 2008
Foreseen end date
31 December 2008


The Swedish government has decided that Svensk kassaservice (Swedish Cashier Service), a subsidiary of Posten AB specialised in financial transactions such as deposits, withdrawals, and payments, will close in 2008. Approximately 1,400 employees, most of them women, will lose their jobs.

Transactions have decreased substantially in the last five years and only 1-2% of the Swedish population are using their services. The liquidation will start in the middle of 2008 and is expected to be finished by 31 December 2008. Posten AB will try to offer redeployment opportunities to affected employees in the framework of their programme 'Futurum'. Those employees aged over 58 will be offered retirement.


  • 17 March 2007: Dagens Nyheter
  • 17 March 2007: Svenska Dagbladet


Eurofound (2007), Svensk kassaservice, Closure in Sweden, factsheet number 65129, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65129.