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 Manufacture Of Food And Beverage Manufacture Of Food Products 10 - Manufacture of food products
100 jobs Number of planned job losses
Announcement Date
8 April 2014
Employment effect (start)
9 April 2014
Foreseen end date
1 August 2014
Description
Lantmännen Lantbruk, a subsidiary of Swedish food, energy and agricultural group Lantmännen, has announced that it will cut 100 jobs. The Lantbruk company produces products related to the agriculture industry, such as animal feed and seeds.
As reported, the job reductions are part of a number of measures to enhance efficiency, as the company has suffered from a low sales performance during the past two years. According to the sources, the job losses refer mostly to the headquarters in Malmo and the reorganisation will be completed by August 2014. Employees have been notified and the company has entered negotiations with trade unions. For a previous restructuring event see Lantmännen Lantbruk-2009.
Sources
8 April 2014: Lantmannenlantbruk (Press release)
Citation
Eurofound (2014), Lantmännen Lantbruk, Internal restructuring in Sweden, factsheet number 76845, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76845.
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