EMCC European Monitoring Centre on Change

Utfors

Company/Organisation:
Utfors

Geographic Location

Country: Sweden

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Number Employed: 350
Group: Ufors

Employment Effects

Announcement Date: 07-10-2002
Planned Job Reductions min: 130
Planned Job Reductions max: 130
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-10-2002

Additional Information

Ufors has approved a cost reduction plan, which includes a spending cut by 160 million SEK decided and a staff reduction by 130 employees. The plants which will be affected by this plan have been chosen yet.