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.
Sweden, Denmark, Norway, Germany, the UK, Latvia and India
Sector
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
350 jobs Number of planned job losses
Announcement Date
26 February 2009
Employment effect (start)
Foreseen end date
Description
In February 2009, TeitoEnator, one of the leading IT service companies in Northern European, announced the loss of 350 jobs, out of which 170 in Sweden, and another 180 in Denmark, Norway, Germany, the UK, Latvia and India. The redundancies are part of the Performance Improvement Programme. As of April 2009, most of redundancies announced in early 2009 have already been implemented.
Eurofound (2009), TietoEnator, Internal restructuring in World, factsheet number 69133, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69133.
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