EMCC European Monitoring Centre on Change

Husqvarna

Company/Organisation:
Husqvarna

Geographic Location

Country: Sweden
Region: Jönköpings län; Småland med öarna
Location of affected unit(s): Huskvarna

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.24 - Manufacture of power-driven hand tools
Number Employed: 1500
Group: Husqvarna

Employment Effects

Announcement Date: 07-11-2012
Planned Job Reductions min: 300
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2013
Foreseen End Date: 31-12-2014

Additional Information

Husqvarna, Swedish manufacturer of lawn and garden equipment, has decided to reduce its staff at its production plan in Huskvarna by 300 employees to improve profitability. The reductions are part of a global program in which 600 employees will be let go. Husqvarna has 15,700 employees worldwide and 1500 employees at the affected facility.

The Union of Metalworkers questioned whether it will be possible to keep production going after such large reductions. For earlier round of redundancies see here: 14580138621159111592.

The reductions will start taking effect in the first half of 2013 and will be completely implemented by the end of 2014. The savings induced are calculated to be 160 million SEK in 2013 and 220 million SEK in 2014 while the costs are estimated to 250 million SEK.