Sandvik reduces workforce in Sweden
Sandvik today gave notice of a personnel reduction of 365 employees in Sweden. The reduction affects employees at Sandvik Materials Technology and Sandvik Mining and Construction in Sandviken, as well as employees at Sandvik Materials Technology in Hallstahammar. The workforce reduction is a consequence of the Sandvik Group’s new strategic direction and organization. Workforce reduction at Sandvik Materials TechnologySandvik Materials Technology introduced on 13 September 2011 a comprehensive improvement program(“The Step Change Program”) that aims to increase profitability to a
