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.
Wireless equipment manufacturer Ericsson announced on 27 November 2006 that it will cut up to 400 administrative and sales jobs in Sweden, but that many workers will be offered positions with staffing company Manpower Inc. The company said it expects between 300 and 400 workers to accept a voluntary redundancy offer that includes either a severance package or a job with Manpower as a consultant, Ericsson spokeswoman Ase Lindskog said. The offer will be presented to about 4,600 workers in sales, marketing and administration, most of them in the Stockholm area, Lindskog said. The restructuring programme is expected to be completed by the end of January 2007. The deal with Manpower is unique in Sweden, Lindskog said, and will help meet the company's need for more communications and technology consultants. Ericsson, the world's largest maker of mobile phone networks, employs more than 56,000 people globally, with over 20,000 workers in Sweden.
Eurofound (2006), Ericsson, Internal restructuring in Sweden, factsheet number 64552, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64552.
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