17
Jun
16:02
Sandvik announces layoffs, scrap buy-back scheme
Due to the challenging market situation following the Covid-19-pandemic, Sandvik has given notice of layoffs in Sweden for 429 positions within its business area Sandvik Materials Technology.
The unit has about 3,300 employees in Sweden, of which about 2,900 are in Sandviken and 380 in Hallstahammar and Surahammar. “We are expecting to see a weak market situation going forward and need to act in time to protect our business,” says Göran Björk…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous