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.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.02 - Computer consultancy activities
160 jobs Number of planned job losses
Announcement Date
29 January 2014
Employment effect (start)
Foreseen end date
Description
IT consultancy company HCL Technologies announced a job reduction of 160 in Växjö.
This was announced three months after the merger with local IT and computer game company Boss Media. Job reductions are to affect only former staff of Boss Media.
Reportedly, the plans were denounced by workers as HCL advocated a continued activity in Växjö when entering the merger. The company stated that some IT employees could be relocated to HCL Technologies clients or internally to other HCL Technologies sites outside the Nordic Countries.
HCL Technologies is based in India, employing about 88,332 globally as of December 2013.
Sources
29 January 2014: Dagens Industri
29 January 2013: Sverige Radio P4
Citation
Eurofound (2014), HCL Technologies, Internal restructuring in Sweden, factsheet number 76520, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76520.
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