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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
New offshoring locations
Not Available
195 jobs Number of planned job losses
Announcement Date
4 October 2004
Employment effect (start)
4 October 2004
Foreseen end date
4 October 2004
Description
Note, one of Scandinavia's leading contract manufacturers of electronics, has decided to give notice to 195 employees at the company's plants in Norrtälje, Lund and Borås and to strengthen its activities and hire new staff for its materials management and purchasing functions in Central Europe. Note is currently refining its business model by handling high-value technology-intensive services locally, i.e. in Sweden, and concentrating the production mainly in Central Europe. According to the CEO of the company, this adaptation will allow the company to keep up with its commitments in Sweden in terms of both investment and staffing.
Sources
: Note
4 October 2004: Press Release
5 October 2004: Svenska Dagbladet
Citation
Eurofound (2004), Note, Offshoring/Delocalisation in Sweden, factsheet number 60634, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60634.
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