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.
Financial / Insurance/ Estate 68 - Real estate activities 68 - Real estate activities 68 - 68 - Real estate activities
65 jobs Number of planned job losses
Announcement Date
1 September 2003
Employment effect (start)
Foreseen end date
1 December 2003
Description
Drott has recently been divided into two companies in accordance with the re-organisational plan that has been approved by the shareholders. The company's new organisation will lead to major changes and the implementation of staff reduction measures : 65 full-time positions will be cut. Staff changes, which will be made following the conclusion of negotiations, are expected to be finalised this autumn.
Sources
1 September 2003: Dagens Nyheter
1 September 2003: Press Release made by Drott
Citation
Eurofound (2003), Drott, Internal restructuring in Sweden, factsheet number 60131, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60131.