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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.2 - Manufacture of products of wood, cork, straw and plaiting materials
144 jobs Number of planned job losses
Announcement Date
11 May 2016
Employment effect (start)
Foreseen end date
Description
The worldwide manufacturer of furniture Ikea Industry is scaling down in Västerbotten leading to 144 redundancies in Lycksele and Malå. The factory in Malå will close if a new owner can't be found, and around half of the jobs in Lycksele will be cut. Management has cited a low demand for the "Nornäs" collection of pine wood furniture as a reason for the redundancies. In addition, as many as 15 sub-contractors will also be affected by the redundancies and by lowered production volumes.
Sources
12 May 2016: Svenska Dagbladet
12 May 2016: Expressen
11 May 2016: Sveriges Radio P4
Citation
Eurofound (2016), Ikea Industry, Internal restructuring in Sweden, factsheet number 87558, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87558.
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