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 Electrical Equipment 27 - Manufacture of electrical equipment
99 jobs Number of planned job losses
Announcement Date
11 January 2007
Employment effect (start)
Foreseen end date
Description
Autoliv Electronics, which produces electronics components for the automotive industry, is going to cut 99 out of 400 jobs at its plant in Motala. Christer Johansson, CEO of the company, explained on 11 January 2007 that the decision is the result of the growing competition within the automotive industry. 'We have not made profits for two years. We hope that these measures will give us better perspectives for the future again'. Negotiations with trade unions are already underway.
Sources
11 January 2007: Sveriges Television
11 January 2007: Sveriges Radio
Citation
Eurofound (2007), Autoliv Electronics, Internal restructuring in Sweden, factsheet number 64767, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64767.
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