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 Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
113 jobs Number of planned job losses
Announcement Date
25 November 2008
Employment effect (start)
1 June 2009
Foreseen end date
30 September 2010
Description
Stoneridge Electronics is a supplier to the automotive, truck, bus and off-road markets. Their products range from telematic systems, driver information systems and tachographs through electronic control modules and power distribution centres to multiplex systems and cockpit switch modules. The job cuts at the units in Örebro and Bromma are due to the decreasing activity and production in the automative industry. Many of the dismissed employees are being laid off during their period of notice because of the significant downsize in production.
Sources
10 March 2009: Svenska Dagbladet
Citation
Eurofound (2008), Stoneridge Electronics, Internal restructuring in Sweden, factsheet number 68966, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68966.
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