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.
Norra Sverige; Norra Mellansverige; Gävleborgs län
Location of affected unit(s)
Hudiksvall
Sector
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
75 jobs Number of planned job losses
Announcement Date
12 May 2008
Employment effect (start)
24 September 2008
Foreseen end date
31 December 2008
Description
Hiab AB is a manufacturer of on-road load handling solutions under Cargotec Corporation. Due to reduced inflow of orders the Hiab factory in Hudiksvall is forced to reduce its amount of employees by approximately 75 persons during this year. To begin with, 35 of the employees will have to leave by September 24th, and as for the rest of the forboden 40 employees a decision will be taken after the summer vacation.
Sources
13 May 2008: Svenska Dagbladet
13 May 2008: Dagens Industri
Citation
Eurofound (2008), HIAB AB, Internal restructuring in Sweden, factsheet number 66655, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66655.
Eurofound’s ERM restructuring legislation database offers an overview of key restructuring-related regulations in the EU Member States and Norway. Its content is continuously updated to reflect any changes made by national legislators in response to, for instance, policy shifts, legal...
Can Europe still achieve its ambitions for battery manufacturing? To answer this, the article looks at data from Eurofound’s European Restructuring Monitor and explores what recent large-scale restructuring events reveal about the state of play in the EU battery sector.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...