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 Manufacturing Of Furniture And Other Manufacturing Manufacture Of Furniture 31 - Manufacture of furniture
50 jobs Number of planned job losses
Announcement Date
13 May 2014
Employment effect (start)
13 May 2014
Foreseen end date
Description
Swedish furniture manufacturer Kinnarps Interior has announced it will cut 50 jobs at its factory in Falköping.
Kinnarps Interior currently employs 442 people at the site. According to the source, the job cuts are a result of a decline in sales. The restructuring is also designed to make production more effective. The company has now entered into negotiations with trade unions. A timeline for the jobs cuts is not yet available.
The ERM has reported on previous restructuring events at Kinnarps Interior in 2009.
Sources
13 May 2014: Svenska Dagbladet
Citation
Eurofound (2014), Kinnarps Interior, Internal restructuring in Sweden, factsheet number 77005, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77005.
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