Type
Internal restructuring
Country
Sweden
Region
Småland med öarna;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products
Manufacture Of Other Non-Metallic Mineral Products
23.13 - Manufacture of hollow glass

158 jobs
Number of planned job losses
Job loss
Announcement Date
22 May 2003
Employment effect (start)
Foreseen end date

Description

Orrefors Kosta Boda will cut 158 jobs. In recent times, the sales of the company have suffered from the slow-down in the tourist branch and the increasing inventories, which the weakness of the dollar has lead to.


Sources

  • 22 May 2003: Dagens Nyheter

Citation

Eurofound (2003), Orrefors Kosta Boda, Internal restructuring in Sweden, factsheet number 60009, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60009.