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.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.30 - Manufacture of communication equipment
500 jobs Number of planned job losses
Announcement Date
20 June 2013
Employment effect (start)
20 June 2013
Foreseen end date
Description
Swiss manufacturer of mobile platforms ST-Ericsson is to reduce its headcount by 500 in Lund, Sweden. Negotiations with trade unions are completed and it has been agreed that 300 employees and 200 consultants will be made redundant.
Some of the redundant workers may be offered new positions at a new corporation that is currently being discussed by Ericsson and one or two unknown third parties. A total of 800 employees will continue working for ST Ericsson in Lund.
As of June 2013, there is no information about when the employment adjustments will start taking effect or when they will be implemented by.
Sources
20 June 2013: Sydsvenskan
Citation
Eurofound (2013), ST Ericsson, Internal restructuring in Sweden, factsheet number 75541, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75541.
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