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.
Construction Construction Of Buildings And Infrastructure Engineering Civil Engineering 42 - Civil engineering
150 jobs Number of planned job losses
Announcement Date
21 September 2004
Employment effect (start)
1 December 2004
Foreseen end date
31 August 2005
Description
Skanska will cut 160 workers in Stockholm, among whom 135 currently working on the consctruction of the Årstabron bridge. The director of the road and facility branch in Stockholm, Pär Olsson, declared that the reason for the plan was the weakness of the facility construction branch in Stockholm. The implementation of the redundancy plan will start at the end of the year and will be completed during the summer 2005, when the Årstabron bridge is finished.
Sources
20 September 2004: Press release by Skanska
21 September 2004: Dagens Nyheter
Citation
Eurofound (2004), Skanska, Internal restructuring in Sweden, factsheet number 60535, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60535.
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