Saab serves notice to 25 employees at SaabTech in Jönköping

Saab serves notice to 25 employees at SaabTech in Jönköping Saab has today notified the Employment Board in Jönköping County that it is to serve notice to 25 employees at SaabTech in Jönköping, southern Sweden. The measure affects both development engineers and administrative personnel. The move comes as several of the company's development projects begin to draw to a close, with no new development orders of an equivalent scale to replace them. "It is regrettable that we have to make these personnel cutbacks. The company will be doing its best to support the personnel involved. For example, we are working to find new jobs at other companies in the region," says Division Manager Ronny Nyqvist. Negotiations have been entered into with the relevant union organizations. Saab is one of the world's leading high-technology companies with its main operations focusing on defence, aviation, and space. The group covers a broad spectrum of competence and capability in systems integration. For further information please contact: Ronny Nyqvist, Division Manager, Tel +46 (0)36-19 42 23, +46 (0)70-591 38 92 Anna Bergenlid, Head of Communications, SaabTech, Tel +46 (0)8-580 853 06, +46 (0)73-437 53 06 www.saab.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/12/08/20031208BIT00350/wkr0001.doc http://www.waymaker.net/bitonline/2003/12/08/20031208BIT00350/wkr0002.pdf

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