ST Ericsson

Type
Internal restructuring
Country
Sweden
Region
Södra Sverige; Sydsverige; Skåne län
Location of affected unit(s)
Lund
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
500 jobs
Number of planned job losses
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/75541.