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.
Manufacturing (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23 - Manufacture of other non-metallic mineral products 23 - Manufacture of other non-metallic mineral products
100 jobs Number of planned job losses
Announcement Date
19 September 2008
Employment effect (start)
1 October 2008
Foreseen end date
30 June 2009
Description
Orrefors Kosta Boda is a glassworks group, owned by the New Wave Group. They produce and sell handmade glass for everyday use as well as art objects. Currency fluctuations, recession in general and in the USA in particular, increased costs in energy, wages, interest rates and production, increased store levels and decreased sales levels are all factors that contribute to the company decision to reduce the workforce by 100 employees in Kosta and Orrefors. The reductions will be completed in mid 2009.
Sources
20 September 2008: Svenska Dagbladet
20 September 2008: Dagens Industri
Citation
Eurofound (2008), Orrefors Kosta Boda, Internal restructuring in Sweden, factsheet number 67112, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67112.
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...