Internal restructuring
Location of affected unit(s)
Oxelösund, Borlänge, Luleå and Stockholm
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24 - Manufacture of basic metals

363 jobs
Number of planned job losses
Job loss
Announcement Date
12 February 2016
Employment effect (start)
Foreseen end date
30 April 2016


Svenskt Stål aktiebolag (SSAB), a Nordic manufacturer of commercial steel, has initiated employer-employee negotiations aiming to cut up to 415 positions in Sweden. The internal restructuring is due to an overcapacity on the steel market which has resulted in lowered prices. Jobs will be cut mainly from SSAB's sites in Borlänge and Oxelösund, with 160 positions being cut in Borlänge and 230 being cut in Oxelösund. The remaining 25 positions will be cut in Luleå and at the headquarters in Stockholm. Both blue-collar and white-collar workers are affected by the restructuring with 265 white-collar jobs being cut and 150 blue-collar jobs. Additionally up to 50 positions will be cut in Finland. In Borlänge redundancies concern  only white-collar workers and union representatives are sceptical of the possibility of keeping the site functioning if 160 positions are cut. Union representatives describe the announcement as a major shock, redundancies were anticipated, but the size of this announcement was not anticipated.

Since SSABs merger with Finnish company Rautaruukki, SSAB has cut a total of 1,300 jobs. The ERM has previously reported on internal restructuring at SSAB in 2015 both in Sweden and in Finland.

Update 13/5 2016:Employer-employee negotiations concerning the white-collar jobs have been completed. In total 262 white-collar jobs will be cut, 169 in Borlänge, 72 in Oxelösund and 20 in Luleå. Intially white-collar redundancies where estimated to 265 positions. Negotiations concerning the blue-collar jobs are expected to be completed before the end of May. 

Update 13/6/2016:Employer-employee negotiations regarding the blue-collar jobs at SSAB in Oxelösund have been completed. In total 98 permanent blue-colar positions will be cut at SSABs site in Oxelsund. Although this is fewer permanent positions than expected as SSAB intially stated that 150 blue-collar jobs would be cut, 85 additional temporary positions have been cut as well.


  • 12 February 2016: svt
  • 12 February 2016: Svenska Dagbladet
  • 12 February 2016: Company press release
  • 12 February 2016: svt


Eurofound (2016), SSAB, Internal restructuring in Sweden, factsheet number 86481, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86481.