Kährs

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige; Småland med öarna; Kalmar län
Location of affected unit(s)
Nybro
Sector
Manufacturing
(16 - 17) Manufacture of wood and paper materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
245 jobs
Number of planned job losses
Job loss
Announcement Date
6 September 2008
Employment effect (start)
1 January 2009
Foreseen end date
1 July 2009

Description

Kährs, Europe's biggest wood flooring manufacturer, located in Nybro, Småland has given notice of 245 job losses. Reasons cited are expectations of decreasing sales due to the weak real estate market and the financial recession. To secure the company’s long-term plans of expansion of the Nybro factory, it is a necessary as short-term measure to let these employees go.

The company traces its origins to 1857 when Johan Kähr started a small turning shop and began producing wooden articles for local farmers.

Sources

  • 6 September 2008: Dagens Industri
  • 6 September 2008: Svenska Dagbladet

Citation

Eurofound (2008), Kährs, Internal restructuring in Sweden, factsheet number 67203, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67203.