Type
Internal restructuring
Country
Sweden
Region
Västsverige;
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.73 - Dispensing chemist in specialised stores

40 jobs
Number of planned job losses
Job loss
Announcement Date
23 November 2011
Employment effect (start)
23 January 2012
Foreseen end date

Description

40 of 335 employees at Medstop Väst, a pharmacy chain, have been issued with redundancy notices. Medstop Väst is a subsidiary of the larger group Medstop, which will reduce its total workforce by 70 employees - 40 in the West region, 15 in the East region and 15 in the South region.

Negotiations with the unions about the suggested redundancies have begun. According to the company, the internal restructuring process is ascribed to the highly competitive market.


Sources

  • 5 January 2012: Dagens Industri
  • 23 November 2011: Webpage; Dagensapotek.se

Citation

Eurofound (2011), Medstop Väst, Internal restructuring in Sweden, factsheet number 72981, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72981.