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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.15 - Manufacture of bearings, gears, gearing and driving elements
150 jobs Number of planned job losses
Announcement Date
27 October 2015
Employment effect (start)
Foreseen end date
Description
Swedish ball bearing producer SKF has given notice to 160 workers in Gothenburg of redundancy. The redundancies are due to lower production volumes, and no expectation of improvement in the short run. Negotiations with the union have been initiated and are expected to be finished in early December. Earlier this year, the ERM reported on another restructuring case at the same SKF site.
Update 09/12/2015: SKF announces that 150 of the 160 workers given notice in October will be let go due to lower production volumes. 135 let go through direct dismissals.
Sources
27 October 2015: Privataaffarer.se
9 December 2015: Dagens Industri
Citation
Eurofound (2015), SKF, Internal restructuring in Sweden, factsheet number 85238, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/85238.
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