EMCC European Monitoring Centre on Change

SKF

Company/Organisation:
SKF

Geographic Location

Country: Sweden
Region: Västra Götalands län; Västsverige
Location of affected unit(s): Gothenburg

Company

Sector: Manufacturing
Manufacture of machinery and equipment n.e.c.
28.15 - Manufacture of bearings, gears, gearing and driving elements
Number Employed: 1200
Group: SKF

Employment Effects

Announcement Date: 27-10-2015
Planned Job Reductions min: 150
Planned Job Reductions max: 150
Type of Restructuring: Internal restructuring
Direct Dismissals: 135
Other Job Reduction Measures: 15

Additional Information

Swedish ball bearing producer SKF has given notice to 160 workers in Gothenburg of redundancy. The redundancies are due to lower production volumes, and no expectation of improvement in the short run. Negotiations with the union have been initiated and are expected to be finished in early December. Earlier this year, the ERM reported on another restructuring case at the same SKF site

Update 09/12/2015: SKF announces that 150 of the 160 workers given notice in October will be let go due to lower production volumes. 135 let go through direct dismissals.