EMCC European Monitoring Centre on Change

IFS

Company/Organisation:
IFS

Geographic Location

Country: World
Location of affected unit(s): Göteborg, Linköping...

Company

Sector: Information / communication
Publishing, audiovisual and broadcasting activities
58 - Publishing activities
Number Employed: 2750
Group: IFS

Employment Effects

Announcement Date: 15-01-2003
Planned Job Reductions min: 350
Planned Job Reductions max: 350
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-12-2003
Direct Dismissals: 350
Other Job Reduction Measures: 350

Additional Information

As part of the cost containment program, IFS will reduce its headcount by 350, of which 100 are located in Sweden. The major reductions will be made in Linköping and Göteborg, where 40 employees at each location will be laid off.