Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Stockholm, Sundsvall, Kalmar and Malmö
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

130 jobs
Number of planned job losses
Job loss
Announcement Date
2 February 2006
Employment effect (start)
Foreseen end date
31 March 2006

Description

TietoEnator Telecom Operators has started personnel negotiations to reduce a maximum of 130 jobs in Sweden. The company is part of TietoEnator's business area Telecom & Media and supplies telecom operators with software development, application management and solutions. The company employs approximately 720 people in Sweden. The adjustments will mainly affect TietoEnator's site in Stockholm but also to some extent the sites in Sundsvall, Kalmar and Malmö. The cost of the measures is currently estimated to be €5 million in the first quarter. The adjustments are expected to create savings of approximately €5 million later in 2006.The negotiations will start immediately and the goal is to finalise them before the end of March 2006.


Sources

  • 2 February 2006: Sveriges Television
  • 2 February 2006: Press release by TietoEnator

Citation

Eurofound (2006), TietoEnator Telecom Operator, Internal restructuring in Sweden, factsheet number 62895, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62895.