Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Media
Programming, broadcasting, news agency and other content distribution activities
Programming, broadcasting, news agency and other content distribution activities
60 - Programming, broadcasting, news agency and other content distribution activities

150 jobs
Number of planned job losses
Job loss
Announcement Date
22 August 2005
Employment effect (start)
Foreseen end date
31 December 2005

Description

The Swedish broadcaster TV4 will implement a program aiming at reducing costs by 230 million SEK. Some 150 jobs will be cut as result of this plan, which is expected to be fully achieved by the end of the year 2005.


Sources

Citation

Eurofound (2005), TV4, Internal restructuring in Sweden, factsheet number 62201, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62201.