Restructuring events
European Restructuring Monitor (ERM)
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.
LB-Hus, a Swedish manufacturer of MMC timber frame homes, announced a total reduction of 78 jobs. The first announcement concerned the loss of 20 jobs affecting blue-collar workers in Bromölla; in a subsequent announcement the company unveiled plans to cut another 41 jobs (34 blue-collar jobs and 7 white-collar jobs) in Stockholm and 17 white-collar jobs in Bromölla. The company has been hit hard by the economic crisis and has experienced decreasing sales.
Eurofound (2011), LB Hus, Internal restructuring in Sweden, factsheet number 71895, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71895.