Restructuring events
European Restructuring Monitor (ERM)
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.
According to an announcement made by The European Metalworkers’ Federation (EMF), General Motors, the American automobile company is planning to cut 4,500 jobs in Europe until 2010. The Saab factory in Trollhättan is one of the affected sites where 1,400 jobs are planned to be cut, according to EMF. Today around 93% of Saab Automobile's employees work at their site in Trollhättan.
However, according to the Swedish metal union IF Metall at Saab in Trollhättan, this has not been confirmed yet and the calculated job reductions are based on a worst-case scenario.
Eurofound (2007), Saab Automobile, Internal restructuring in Sweden, factsheet number 65285, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65285.