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.
Hallpressen, newspaper publishing group, is to let go of 60 employees due to dropping subscriptions and profits from advertisements. Hallpressen publishes 13 local newspapers in Sweden. Of the 60 redundancies, 35 will affect editorial staff at the different newspapers. Included in the restructuring plan is also a centralisation of internal functions to Jönköping and a transition of all newspapers to the tabloid format.
As of December 2012 there is no information about when the reductions will start taking effect or when they will be implemented by.
Eurofound (2012), Hallpressen, Internal restructuring in Sweden, factsheet number 74632, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74632.