Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Clear in Skellefteå: 338 officials to be laid off

It is now clear that 338 officials and engineers will be leaving Northvolt in Skellefteå, according to union agreements with the crisis-stricken battery manufacturer. This comes on top of those who were previously forced to leave the company in Västerås and Stockholm.

» Updated: 16 October 2024, 16:04

» Published: 16 October 2024

Clear in Skellefteå: 338 officials to be laid off
Photo: Pontus Lundahl/TT

Northvolt expects to soon reach an agreement with IF Metall regarding the mass layoff from September, and it is expected to affect significantly more employees.

"We also hope that the union negotiations for the workers' side in Skellefteå can be concluded shortly. Our goal is to be able to inform the staff as soon as possible", writes Nathalie Bruno from Northvolt's press department in an email to TT.

"It's clearly not fun for anyone to have these discussions. Everyone would rather focus on continuing to develop our facilities and batteries", she adds.

Unclear financing

In parallel, financing negotiations are underway with owners, lenders, and customers. The situation is unclear to the very end, although it has been reported in business media that the company has received oral commitments of support of around two billion kronor, citing sources.

"We are in a strategic review where we focus on our core business and cost savings. That's what defines the way forward right now", writes Bruno.

She describes the financing negotiations as intense work.

"They are progressing in a constructive manner", she adds.

Both Unionen and Sveriges Ingenjörer see the agreement in Skellefteå, which was reached on Tuesday, as somewhat better than how it looked when the negotiations began.

It's slightly fewer than we saw ahead of us. It's about finding places where employees could be redeployed, which affected the total number, says Shaneika Jeffreys, vice chairman of Unionen at Northvolt One in Skellefteå.

Tight deadline

She adds that the negotiations took place under tight deadline pressure.

But I can assure you that we've done everything we can to make this happen correctly: quickly but well. These are important decisions and we've been very careful to follow all laws and regulations, says Jeffreys.

She feels that the Northvolt management is now making an effort to secure jobs for those who remain.

Financially, the company is working very hard to ensure that the remaining employees feel secure – all of them. The company is doing everything it can to maintain our trust in the workplace, says she.

Corrected: An earlier version contained an incorrect summary of the number of layoffs.

Northvolt announced in September that it would be forced to lay off 1,600 employees and review operations at several facilities around the world. The company has also put its subsidiary Northvolt Expansion – which built a second battery factory in Skellefteå – into bankruptcy with debts of several billion kronor.

According to Tuesday's agreement, 180 officials, engineers, and leaders at the subsidiary Northvolt One in Skellefteå will be let go. In addition, 158 employees will be laid off, who worked in operations related to Northvolt Expansion – of these, 20 are in Stockholm, 14 in Västerås, and 124 in Skellefteå.

Most of those affected are members of the Unionen trade union, but more than a fifth are members of Sveriges Ingenjörer and Ledarna.

Earlier in October, Northvolt also agreed on layoffs of over 200 officials in Stockholm and Västerås.

A notice agreement with IF Metall, with thousands of members at Northvolt, has not yet been reached.

Related news
Places
People
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Recovery on Wall Street
1 MIN READ

Recovery on Wall Street

Reports: Major Shareholder Considers Saving Northvolt
1 MIN READ

Reports: Major Shareholder Considers Saving Northvolt

GKN considers closing factory in Köping
1 MIN READ

GKN considers closing factory in Köping

Amazon makes multi-billion investment in nuclear power
1 MIN READ

Amazon makes multi-billion investment in nuclear power

Demand to work from home – strike at gaming company
1 MIN READ

Demand to work from home – strike at gaming company

The Fuel Chains Lower Fuel Prices
1 MIN READ

The Fuel Chains Lower Fuel Prices

LVMH falls – lower demand for luxury in China
1 MIN READ

LVMH falls – lower demand for luxury in China

Despite Billion-Lift – Still Tough for Municipalities
2 MIN READ

Despite Billion-Lift – Still Tough for Municipalities

Harald Mix optimistic about Northvolt
2 MIN READ

Harald Mix optimistic about Northvolt

NHL Star's Hamburger Chain in Crisis
2 MIN READ

NHL Star's Hamburger Chain in Crisis

Coop's CEO Marie Nygren is leaving her post
1 MIN READ

Coop's CEO Marie Nygren is leaving her post

Kinnevik's value decreases
1 MIN READ

Kinnevik's value decreases

Downward trend on the stock market – Kinnevik weighed
1 MIN READ

Downward trend on the stock market – Kinnevik weighed

Arla wants to buy Egyptian dairy giant
1 MIN READ

Arla wants to buy Egyptian dairy giant

Increased sales in daily consumer goods in September
1 MIN READ

Increased sales in daily consumer goods in September

Housing construction continues to increase
1 MIN READ

Housing construction continues to increase

It takes the longest time to sell an apartment
1 MIN READ

It takes the longest time to sell an apartment

Mixed Trends on Asian Stock Exchanges
1 MIN READ

Mixed Trends on Asian Stock Exchanges

Oil Companies Fell on Wall Street
1 MIN READ

Oil Companies Fell on Wall Street

Axfood gets approval to buy City Gross
1 MIN READ

Axfood gets approval to buy City Gross