Business Services Industry

Saab Bofors Dynamics AB reduces job cut needs to 28

Nordic Business Report, Feb 4, 2004

NORDIC BUSINESS REPORT-4 February 2004-Saab Bofors Dynamics AB reduces job cut needs to 28(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com

Saab Bofors Dynamics AB, part of the Swedish defence and aerospace group Saab, has reportedly managed to reduce the number of needed redundancies at its development unit in Karlskoga, Sweden from the initially announced 80 to 28.

In addition to straight job cuts Saab Bofors Dynamics will terminate a number of consultants' contracts. Together with natural wastage the number of job reductions will amount to 135.

The news was reported by the Swedish news agency Ticker.

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2004 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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