Gislaved Gummi AB

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige; Småland med öarna; Jönköpings län
Location of affected unit(s)
Gislaved
Sector
Manufacturing
(22 - 23) Manufacture of rubber, plastic and non-metallic minerals
22 - Manufacture of rubber and plastic products
22 - Manufacture of rubber and plastic products
43 jobs
Number of planned job losses
Job loss
Announcement Date
10 October 2008
Employment effect (start)
14 October 2008
Foreseen end date
14 February 2009

Description

Gislaved Gummi AB, a global polymer specialist, is to lay off 43 employees at its Gislaved unit. Gislaved Gummi AB specialises in three product areas: gaskets for plate heat exchangers, customized rubber compounds and extruded profiles. Its customers are mostly big international corporations. The company has announced the loss of 43 jobs at their Gislaved unit. The decreases in staff are explained by the CEO as a necessary measure to ensure further profitability.

Sources

  • 11 October 2008: Dagens Industri
  • 11 October 2008: Svenska Dagbladet

Citation

Eurofound (2008), Gislaved Gummi AB, Internal restructuring in Sweden, factsheet number 67236, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67236.