Brio

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sweden, other locations
Sector
Manufacturing
(32) Other manufacturing
32.4 - Manufacture of games and toys
32.4 - Manufacture of games and toys
100 jobs
Number of planned job losses
Job loss
Announcement Date
10 October 2005
Employment effect (start)
Foreseen end date

Description

The toy producer Brio has announced it will implement a plan aiming at reducing costs by SEK 80 million as from 2007. Some 100 jobs will be cut as result of this plan, among which 70 in Sweden. The 70 lay-offs in Sweden include 38 jobs at the factory in Killeberg, which closure is part of the cost-reducing plan.

Sources

  • 10 October 2005: Sveriges Radio
  • 10 October 2005: Press release by Brio

Citation

Eurofound (2005), Brio, Internal restructuring in World, factsheet number 62461, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62461.