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.
Construction Construction Of Buildings And Infrastructure Engineering Civil Engineering 42 - Civil engineering
78 jobs Number of planned job losses
Announcement Date
3 March 2011
Employment effect (start)
4 April 2011
Foreseen end date
3 October 2011
Description
LB-Hus, a Swedish manufacturer of MMC timber frame homes, announced a total reduction of 78 jobs. The first announcement concerned the loss of 20 jobs affecting blue-collar workers in Bromölla; in a subsequent announcement the company unveiled plans to cut another 41 jobs (34 blue-collar jobs and 7 white-collar jobs) in Stockholm and 17 white-collar jobs in Bromölla. The company has been hit hard by the economic crisis and has experienced decreasing sales.
Sources
3 March 2011: Kristianstadsbladet
29 March 2011: Kristianstadsbladet
Citation
Eurofound (2011), LB Hus, Internal restructuring in Sweden, factsheet number 71895, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71895.
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