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.
Media Publishing activities Publishing of books, newspapers and other publishing activities, except software publishing 58.12 - Publishing of newspapers
400 jobs Number of planned job losses
Announcement Date
11 October 2013
Employment effect (start)
Foreseen end date
31 December 2013
Description
Stampen Media group, the owner of several Swedish newspapers, is to cut 400 jobs until the end of the year.
The measure is part of a plan to make the operations work more efficiently and to balance the impact of declining revenues for printed newspapers.
The company’s saving plan also includes other measures as the cutting down on the volume of printed newspapers. More job cuts were announced for 2014.
Stampen Media employs about 4,000 staff in Sweden.
Sources
11 October 2013: Dagens Industri
11 October 2013: Resume
Citation
Eurofound (2013), Stampen Media, Internal restructuring in Sweden, factsheet number 76014, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76014.
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