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.
(10 - 33) Manufacturing (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
500 jobs Number of planned job losses
Announcement Date
14 October 2004
Employment effect (start)
15 October 2004
Foreseen end date
15 October 2004
Description
500 jobs will be cut by Saab in Trollhättan as part of the redundancy plan set by General Motors. 300 workers and 200 administrative employees will be affected in the context of this plan, which aims at reducing structural costs in the short term. According to the spokesperson of the company, no decision regarding a long-term strategic solution has been made yet.
Sources
14 October 2004: Dagens Nyheter
Citation
Eurofound (2004), Saab, Internal restructuring in Sweden, factsheet number 60665, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/60665.
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