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 (26 - 27) Manufacture of electrical, electronic and optical products 27.9 - Manufacture of other electrical equipment 27.9 - Manufacture of other electrical equipment
New offshoring locations
Various EU Locations
170 jobs Number of planned job losses
Announcement Date
8 May 2012
Employment effect (start)
8 May 2012
Foreseen end date
Description
Swedish company Esab, a manufacturer of welding equipment, has announced they will reduce its workforce by 170 employees in Laxå in Sweden. The entire production unit will be moved to Poland.
The company's site manager confirmed the layoffs but refrained from further comments. More details on the process will be revealed after consultations with the American owners of the company.
Sources
8 May 2012: Svenska Dagbladet
Citation
Eurofound (2012), Esab, Offshoring/Delocalisation in Sweden, factsheet number 73558, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73558.