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.
Wholesale / Retail Retail trade Retail sale of other goods, except motor vehicles and motorcycles 47.73 - Retail sale of pharmaceutical products
40 jobs Number of planned job losses
Announcement Date
23 November 2011
Employment effect (start)
23 January 2012
Foreseen end date
Description
40 of 335 employees at Medstop Väst, a pharmacy chain, have been issued with redundancy notices. Medstop Väst is a subsidiary of the larger group Medstop, which will reduce its total workforce by 70 employees - 40 in the West region, 15 in the East region and 15 in the South region.
Negotiations with the unions about the suggested redundancies have begun. According to the company, the internal restructuring process is ascribed to the highly competitive market.
Sources
5 January 2012: Dagens Industri
23 November 2011: Webpage; Dagensapotek.se
Citation
Eurofound (2011), Medstop Väst, Internal restructuring in Sweden, factsheet number 72981, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72981.
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