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 (32) Other manufacturing 32.4 - Manufacture of games and toys 32.4 - Manufacture of games and toys
100 jobs Number of planned job losses
Announcement Date
10 October 2005
Employment effect (start)
Foreseen end date
Description
The toy producer Brio has announced it will implement a plan aiming at reducing costs by SEK 80 million as from 2007. Some 100 jobs will be cut as result of this plan, among which 70 in Sweden. The 70 lay-offs in Sweden include 38 jobs at the factory in Killeberg, which closure is part of the cost-reducing plan.
Sources
10 October 2005: Sveriges Radio
10 October 2005: Press release by Brio
Citation
Eurofound (2005), Brio, Internal restructuring in World, factsheet number 62461, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62461.
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