JM

Type
Internal restructuring
Country
Sweden
Region
Östra Sverige;
Location of affected unit(s)
Sector
Construction
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
41 - Construction of residential and non-residential buildings
250 jobs
Number of planned job losses
Job loss
Announcement Date
26 June 2003
Employment effect (start)
Foreseen end date

Description

The construction company JM will carry out another job reduction plan. According to the information which have been published, 250 workers will be laid off. The company has announced that both craftsmen and employees will be affected by the plan, which has been designed as a result of the downturn in the building sector.

Sources

  • 26 June 2003: Dagens Nyheter
  • 26 June 2003: Press release made by JM (www.jm.se)

Citation

Eurofound (2003), JM, Internal restructuring in Sweden, factsheet number 58950, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58950.