EMCC European Monitoring Centre on Change

Husqvarna

Company/Organisation:
Husqvarna

Geographic Location

Country: Sweden

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.24 - Manufacture of power-driven hand tools
Number Employed: 3000

Employment Effects

Announcement Date: 21-10-2022
Planned Job Reductions min: 1000
Type of Restructuring: Internal restructuring
Employment Effect Start: 21-10-2022
Direct Dismissals: 1000

Additional Information

Husqvarna, the Swedish manufacturer of forest and garden equipment, has initiated cooperation negotiations with a plan to dismiss 1,000 people. The company has not yet specified in which geographical areas the dismissals are expected to take place.

The planned dismissals are part of larger savings package aimed at improving the company's efficiency following deteriorating profits. The company is also moving away from gasoline-fueled products towards more electrical and battery-driven ones. Investments required for this shift are partially funded by the reduced personnel costs.

Husqvarna is a multi-national company with around 14,000 employees worldwide. In Sweden, the company employs 3,000 people out of which 2,500 are located in the municipality of Huskvarna.

in 2017, the company hired 100 people in Husqvarna (Husqvarna-2017-SE).

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