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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31 - Manufacture of furniture
100 jobs Number of planned job losses
Announcement Date
16 May 2008
Employment effect (start)
Foreseen end date
31 August 2008
Description
Swedwood, the furniture manufacturer owned by IKEA, will close one of its production units at its Jasná plant in Závažná Poruba cutting about 100 jobs. Currently more than 900 employees are working there. Dismissals are planned to be completed by August 2008. The decision was caused by decrease of customer orders. According to Jasná plant CEO, Kamil Cedula, redundancies will hit mainly employees working in manual technologies. Organisational changes will increase the effectiveness of the production and decrease the overtime work.
Sources
16 May 2008: SME
Citation
Eurofound (2008), Swedwood, Internal restructuring in Slovakia, factsheet number 66632, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66632.
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