Proposal for a Decision on the mobilisation of the European Globalisation Adjustment Fund following an application from Sweden

Further information:

The application was submitted on 9 August 2017 and the European Commission concluded that the conditions for awarding a financial contribution from the EGF were met, following an assessment. The Commission proposed that 900 workers made redundant by the telecoms company should receive EU aid worth €2,130,400.

Background information:

Since 2014, Ericsson had entirely already shut down three factories and closed telecoms hardware production lines at various sites due to restructuring and offshoring of activities.

This was the second application for EU job-search aid from Ericsson, after a first in March 2016, as the company gradually cut staff in Sweden. The redundant employees worked in Stockholm, Västsverige, Östra Mellansverige and Sydsverige. Most of them are male, between the ages of 30 and 54.The European Commission proposed on 18 December 2017 to allocate some funds from the European Globalisation Adjustment Fund (EGF) following an application submitted by Sweden due to redundancies in Ericsson (Telefonaktiebolaget LM Ericsson).

The European Parliament's budget committeea approved the allocation of this financial contribution on 22 February 2018.

European Parliament: Press Release, 22.02.18: €2.13 million in job-search aid for 900 former Ericsson staff http://www.europarl.europa.eu/news/en/press-room/20180221IPR98330/

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