Business Services Industry
SaabTech cuts personnel in Jonkoping, Sweden
Nordic Business Report, Dec 9, 2003
NORDIC BUSINESS REPORT-9 December 2003-SaabTech cuts personnel in Jonkoping, Sweden(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish defence and aerospace group Saab said on Monday (8 December) that its subsidiary SaabTech would give notice to 25 employees at its facilities in Jonkoping, Sweden.
"The move comes as several of the company's development projects begin to draw to a close, with no new development orders of an equivalent scale to replace them," Saab said.
The cut-backs will affect both development engineers and administrative personnel.
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