Internal restructuring
Location of affected unit(s)
Avesta, Degerfors, Nyby, Hedemora
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

450 jobs
Number of planned job losses
Job loss
Announcement Date
11 December 2008
Employment effect (start)
Foreseen end date


Outokumpu, a stainless steel company, has given notice to 450 employees in Sweden. Their aim is to achieve cost savings through personnel reductions and general cost saving programs. In Avesta 262 employees were given notice, in Degerfors 97 employees, at the unit Nyby in the municipality of Torshälla 57 were given notice and at the unit Kloster in the municipality of Hedemora, 34 employees were given notice.

Outokumpu have also negotiated reduced costs with personnel representatives in the head office of each country it operates in. The negotiations are held according to local legislation in each country and may lead to permanent or temporary layoffs. The company Outokumpu operates in some 30 countries and employs 8 000 people.


  • 16 January 2009: Dagens Industri
  • 16 January 2009: Svenska Dagbladet


Eurofound (2008), Outokumpu, Internal restructuring in Sweden, factsheet number 69131, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69131.