The business paper “Dagens Industri” reports that of the 40,000 Swedish workers who were formally warned they faced lay-offs last Fall, 25,000 actually lost their jobs.
Under Swedish laws and contracts, official lay-off warnings usually go into effect six months are they are issued. The state employment agency says it’s normal for around two-thirds of those who receive warnings to actually be laid-off.
Most of those who have lost their jobs were in the troubled auto industry. (gw)