LRF Media

Type
Internal restructuring
Country
Sweden
Region
Location of affected unit(s)
Malmö, Stockholm
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.14 - Publishing of journals and periodicals
50 - 90 jobs
Number of planned job losses
Job loss
Announcement Date
3 December 2014
Employment effect (start)
Foreseen end date

Description

Swedish publishing company LRF Media, part of Lantbrukarnas Riksförbund, has announced the intention to cut costs by SEK 30 million which will lead to the reduction of 90 positions. The company plans to close its office in Malmö and close several departments in its head office in Stockholm. 

LRF Media employs a total of 300 people. 

Updated 2015-04-17: As of 10 April 2015 LRF Media has terminated 50 employees of the 90 planned redundancies. There is currently no more information on the timeline of the remaining 40 planned job reductions. 

Sources

  • 3 December 2014: Dagens Media
  • 10 April 2015: Dagens Media

Citation

Eurofound (2014), LRF Media, Internal restructuring in Sweden, factsheet number 77951, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77951.