Restructuring events
European Restructuring Monitor (ERM)
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.
In May 2009, ST Ericsson in Lund, a sister company to Sony Ericsson, gave notice to 200 employees and 230 consultants. In late August they announced that they notice will affect less than 50 of the employees, but the 230 external consultants have to leave the company as soon as their contract run out (in 1-3 months). Until the summer 2010 Sony Ericsson will save 580 million Euro globally. Since half of the work force in Sweden is situated in Lund there is a risk for further notices in Lund as well as other locations.
For related dismissals please see fact sheet 14368 and 12521.
Eurofound (2009), ST Ericsson, Internal restructuring in Sweden, factsheet number 69549, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69549.
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