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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22 - Manufacture of rubber and plastic products 22 - Manufacture of rubber and plastic products
43 jobs Number of planned job losses
Announcement Date
10 October 2008
Employment effect (start)
14 October 2008
Foreseen end date
14 February 2009
Description
Gislaved Gummi AB, a global polymer specialist, is to lay off 43 employees at its Gislaved unit. Gislaved Gummi AB specialises in three product areas: gaskets for plate heat exchangers, customized rubber compounds and extruded profiles. Its customers are mostly big international corporations. The company has announced the loss of 43 jobs at their Gislaved unit. The decreases in staff are explained by the CEO as a necessary measure to ensure further profitability.
Sources
11 October 2008: Dagens Industri
11 October 2008: Svenska Dagbladet
Citation
Eurofound (2008), Gislaved Gummi AB, Internal restructuring in Sweden, factsheet number 67236, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/67236.
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