Gestamp Hardtech

Type
Internal restructuring
Country
Sweden
Region
Norra Sverige; Övre Norrland; Norrbottens län
Location of affected unit(s)
Luleå
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
55 jobs
Number of planned job losses
Job loss
Announcement Date
10 September 2019
Employment effect (start)
Foreseen end date
31 January 2020

Description

Automotive components manufacturing company Gestamp HardTech plans to dismiss 55 out of 305 employees based in Luleå, Northern Sweden. The job losses are to be implemented by the end of January 2020.

The company claims that the decision to close the tool manufacturing line derives from low-order volumes and overcapacity as a result of the fast changes in the global vehicle industry. Trade union IF Metall argues that the decision was expected as its production volume has significantly decreased. The trade union wants to proceed with employer-employee negotiations.

In 2018, Gestamp HardTech’s re-organisation in Luleå led to dismissal of 84 employees. 

Sources

Citation

Eurofound (2019), Gestamp Hardtech , Internal restructuring in Sweden, factsheet number 98601, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98601.