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 (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
107 jobs Number of planned job losses
Announcement Date
24 November 2005
Employment effect (start)
Foreseen end date
1 June 2006
Description
ABB will move its plant from Laxå to Västerås. The reason put forward for this plan is the high competition level in the global robot industry. Some 75% of the 107 workers concerned will be offered a new job in Västerås. ABB stated it hoped to increase its competitivenes through improved capacity use and simplified administation and logistics processes. Negotiations with trade unions have already started. According to the schedule, the relocation plan could be achieved before summer 2006.
Sources
24 November 2005: Sveriges Radio
23 November 2005: Press release by ABB (www.abb.se)
Citation
Eurofound (2005), ABB, Relocation in Sweden, factsheet number 62591, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62591.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...