Restructuring events
European Restructuring Monitor (ERM)
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.
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.
Eurofound (2014), Lantmännen Lantbruk, Internal restructuring in Sweden, factsheet number 76845, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76845.