Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Sector
Media
Programming, broadcasting, news agency and other content distribution activities
Television programming, broadcasting and video distribution activities
60.2 - Television programming, broadcasting and video distribution activities

100 jobs
Number of planned job losses
Job loss
Announcement Date
26 August 2011
Employment effect (start)
26 August 2011
Foreseen end date
31 December 2011

Description

The TV4 group, that operates one of Sweden's largest television channels, will shed 100 jobs and also introduce an employment freeze due to internal restructuring. The TV4 group will split into two separate companies.

TV4 AB is a subsidarity of the larger group BONNIER Euro Holding AB. Also Shibsted, the other large media group in Sweden, recently shed approximately 85 jobs (18624).


Sources

  • 26 August 2011: dagensmedia online

Citation

Eurofound (2011), TV4 Aktiebolag, Internal restructuring in Sweden, factsheet number 72475, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72475.