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.
Akzo Nobel Decorative Coatings, world leading decorative paint producer, will reduce the staff at the plant in Malmö-Arlöv by 54 employees to adjust the production to the weaker European markets. The jobs will be lost among the 300 employees at the site working with the production of paint. Of these, one third will be white collar jobs.
Negotiations with unions have already been iniated and the company expects that the reductions will be implemented by March 29 2013. The chairman of the local chapter of the Swedish Metal Workers Union IF Metall explains he is disappointed but not surprised. The company will now consider what measures other than direct dismissals are available, such as for example retirement or education.
Earlier employment adjustments by Akzo Nobel in Sweden are covered in factsheets 14392, 3466, 651.
Akzo Nobel Decorative Coatings is a subsidiary of Akzo Nobel group, world leading paint and coatings company, with 57,000 employees globally and a revenue of 15.7 billion €.
Eurofound (2012), Akzo Nobel Decorative Coatings, Internal restructuring in Sweden, factsheet number 74606, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74606.
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