EMCC European Monitoring Centre on Change

JM

Company/Organisation:
JM

Geographic Location

Country: Sweden
Region: Stockholm

Company

Sector: Construction
Construction
41 - Construction of buildings
Number Employed: 250
Group: JM

Employment Effects

Announcement Date: 26-06-2003
Planned Job Reductions min: 250
Planned Job Reductions max: 250
Type of Restructuring: Internal restructuring
Direct Dismissals: 250

Additional Information

The construction company JM will carry out another job reduction plan. According to the information which have been published, 250 workers will be laid off. The company has announced that both craftsmen and employees will be affected by the plan, which has been designed as a result of the downturn in the building sector.