Kinnarps announced today a plan to cut 50 jobs at the factory in Kinnarp. The decision was based on efficiency measures and that the sales growth has not met the expectations.
The cut concerns 50 jobs at the factory in Kinnarp. The factory has a total of 422 blue-collar workers who were all were informed today. In view of the layoffs, negotiations will be initiated with GS (the Swedish union of forestry, wood and graphical workers) as soon as possible.
The cuts are due to efficiency measures as well as that the sales growth has not met the expectations. Kinnarps is currently reviewing its entire production operation in order to identify economies of scale and synergies. Thus Kinnarps plans to move its entire chair production in Minden, Germany, to its Swedish production units during 2014.
‘We are continuously reviewing our operations to ensure that we remain a competitive company. It’s unfortunate that we have to let capable employees go, however it’s sadly unavoidable. The industry has been weakened by the European debt crisis and we need to review our organisation as we set about rationalising our factory operations. It’s always distressing to have to let co-workers go, and we will support those who will have to leave us,’ says CEO, Per-Arne Andersson.
If you have more questions, please contact:
Ida Gustafsson, Press Contact Kinnarps AB
Tel.: +46 (0)515 383 89