EMCC European Monitoring Centre on Change

SKF

Company/Organisation:
SKF

Geographic Location

Country: Sweden
Location of affected unit(s): Primarily Gothenburg but also other sites around Sweden.

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.15 - Manufacture of bearings, gears, gearing and driving elements
Number Employed: 1641
Group: SKF

Employment Effects

Announcement Date: 15-01-2015
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Internal restructuring
Employment Effect Start: 15-01-2015
Foreseen End Date: 28-02-2015

Additional Information

Swedish ball-bearings manufacturer SKF has decided to merge its Strategic Industries division with Regional Sales and Services which will result in a reduction of 200 white-collar jobs. Negotiations with the union have been initiated. The purpose of the restructuring is to streamline the organization and to reduce operational complexity. The company plans to have finalized the reductions by the end of February. The reductions will primarily take place in Gothenburg but also at other sites in Sweden.

SKF employs 1,641 people in Sweden and 48,401 globally.