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.
(58 - 60) Media 58 - Publishing activities 58.1 - Publishing of books, newspapers and other publishing activities, except software publishing 58.12 - Publishing of newspapers
100 jobs Number of planned job losses
Announcement Date
18 June 2014
Employment effect (start)
18 June 2014
Foreseen end date
Description
Local media company Stampen Local Media has announced that it will cut 100 jobs at various newspapers in the west of Sweden.
According to the source, the newspaper Goteborgsposten will cut 40 staff from the editorial team. The paper will no longer have its own graphics production and the number of photographers will be reduced from 15 to 8. According to the source, Stampen media is hoping that the majority of the job cuts will be carried out through retirement and voluntary redundancies, but the company has not ruled out direct dismissals.
The ERM has reported on previous restructuring events in 2013.
Sources
18 June 2014: Medievärlden
18 June 2014: Dagens Industri
Citation
Eurofound (2014), Stampen Local Media, Internal restructuring in Sweden, factsheet number 77205, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77205.
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