EMCC European Monitoring Centre on Change

LNJ IT Konsult

Company/Organisation:
LNJ IT Konsult

Geographic Location

Country: Sweden

Company

Sector: Information / communication
IT and other information services
62 - Computer programming, consultancy and related activities
Number Employed: 130
Group: Modul 1

Employment Effects

Announcement Date: 24-09-2002
Planned Job Reductions min: 130
Planned Job Reductions max: 130
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-09-2002

Additional Information

Modul 1's affiliated company LNJ IT Konsult, which employs 130 people, decided to file for bankruptcy. This decision is part of a cost reduction plan, which will allow the mother company to save about 9 million SEK every year.