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.
SAS, the Scandinavian Airline Company half-owned by the governments of Sweden, Norway and Denmark, has announced that it is to cut 1000 full-time jobs in 2008 as part of a short-term cost-cutting programme. Like many national carriers, SAS has struggled over recent years to meet the challenge from low-cost rivals, inefficient operations and high prices for fuel. As of April 2008, it is not known the exact number of job losses in the affected countries - namely Denmark, Norway and Sweden.
Sources
29 April 2008: politiken.dk
Citation
Eurofound (2008), SAS, Internal restructuring in World, factsheet number 66576, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66576.
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