Type
Merger/Acquisition
Country
Sweden
Region
Sydsverige;
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.13 - Publishing of newspapers

160 - 180 jobs
Number of planned job losses
Job loss
Announcement Date
17 June 2014
Employment effect (start)
1 September 2014
Foreseen end date

Description

Swedish newspaper Sydsvenskan has announced that it will cut between 160 and 180 jobs after merging with local newspaper Helsingborgs Dagblad. 

The source reports that Sydsvenskan and Helsingborgs Dagblad merged in April 2014. Of the announced job reductions, 86 are editorial with 35 posts to be cut at Helsingborgs Dagblad and 51 at Sydsvenskan. According to the source, Sydsvenskan has initiated the reductions to increase efficiency as a result of the merger. The source also reports that Helsingborgs Dagblad cut 25 jobs in spring 2014. Sydsvenskan will begin negotiations with employee groups after the summer. 


Sources

  • 17 June 2014: Journalisten

Citation

Eurofound (2014), Sydsvenskan, Merger/Acquisition in Sweden, factsheet number 77199, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77199.