St. Jude Medical

Type
Offshoring/Delocalisation
Country
Sweden
Region
Östra Sverige; Östra Mellansverige; Uppsala län
Location of affected unit(s)
Uppsala
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
New offshoring locations
Malaysia, Costa Rica
200 jobs
Number of planned job losses
Job loss
Announcement Date
16 June 2014
Employment effect (start)
31 December 2014
Foreseen end date

Description

Medical service provider and developer St. Jude Medical has announced that it will cut 200 jobs when it closes its site in Uppsala at the end of 2014. According to the source, St Jude Medical will relocate its productions to its existing sites in Malaysia and Costa Rica.

According to the source, St. Jude Medical claims the decision to relocate was for cost efficiency reasons. St Jude Medical has now entered into negotiations with employee groups. The source reports that St. Jude Medical Systems also has a sales office in Kista, but this site will not be affected by the job cuts.

The ERM previously reported on restructuring at St Jude Medical in 2011. 

Sources

  • 16 June 2014: Unt.se

Citation

Eurofound (2014), St. Jude Medical, Offshoring/Delocalisation in Sweden, factsheet number 77200, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77200.