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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72.19 - Other research and experimental development on natural sciences and engineering
150 jobs Number of planned job losses
Announcement Date
7 December 2011
Employment effect (start)
1 January 2012
Foreseen end date
31 March 2012
Description
St. Jude Medical, an American manufacturer of pacemakers, has announced to make 150 employees redundant. This is due to the closure of its R&D department in Järfälla in Stockholm during the first quarter of 2012.
St Jude Medical had previously given notices to 500 employees, when the factory decided to relocate their business to Malaysia in May 2011 (see here). The Research and Development department was said to remain in Järfälla. Now they will close the unit completely.
The factory in Järfälla has produced pacemakers since 1958 for a number of different owners.
Sources
7 December 2011: Evertiq.se
Citation
Eurofound (2011), St Jude Medical, Closure in Sweden, factsheet number 73170, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73170.
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