Restructuring events
European Restructuring Monitor (ERM)
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.
Saab has given notice to the County Employment Board in Östergötland regarding 350 blue-collar employees at the Saab Aerostructures, Saab Aerosystems, Saab Aircraft and Saab Support business units in Linköping. The reason for this redundancy plan is a decrease in work. Saab explained that the development and the production of the JAS 39 Gripen, one of Sweden's largest industry projects of all time, had entered a new phase and that it would lead to overcapacity. 'It's extremely sad to have to give notice to skilled co-workers, but the final JAS 39 Gripen will be delivered to the Swedish customer in 2007. Manufacturing of details for the aircraft takes place about two years before final delivery, which means that production will slow down as early as next year,' said Pontus Kallén, General Manager of the business unit Saab Aerostructures. Negotiations with the local Swedish Metalworkers' Union will begin in the near future. Saab has been forced to suspend over 1,000 people in 2003 and 2004. Including this latest move, notice has been given to 760 people in 2005. A further 1,000 to 1,500 people in Saab AB are likely to be affected in 2005 and 2006.
Eurofound (2005), Saab, Internal restructuring in Sweden, factsheet number 61796, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61796.
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