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 Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
150 jobs Number of planned job losses
Announcement Date
3 December 2009
Employment effect (start)
Foreseen end date
Description
On 3 December 2009, wireless technology company ST Ericsson announced the loss of 150 employees in Sweden. The measure is part of a cost savings plan. The company has approximately 1,500 employees mainly in Lund, but also in Linköping and Stockholm. The total number of employees is 2,000 including external consultants. Negotiations with the trade unions will begin in January 2010. ST-Ericsson is a joint venture of ST-NXP Wireless and Ericsson Mobile Platforms, two wireless semiconductor and platform companies.
Sources
18 December 2009: Svenska Dagbladet
18 December 2009: Dagens Industri
17 December 2009: Dagens Nyheter
Citation
Eurofound (2009), ST Ericsson, Internal restructuring in Sweden, factsheet number 70005, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70005.
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