2009-09-24

Wibe Gives Notice of Redundancy

In order to adapt to the current situation and secure Wibe’s competitiveness, the company have today, announced that they are giving notice of redundancy to 25 employees in Mora.

Wibe’s core business, Cable Management System, is a central and important part of Schneider Electric’s total installation offer. The measures now taken are based on current demand and a dialogue with customers. Momentarily, Wibe will also review its cost structure to minimize costs.

Today Wibe has around 200 employees in Mora and of these 25 will be given notice. All employees in Mora and the unions have been duly informed. Negotiations will start immediately.

Per Hellberg

Plant Manager, AB Wibe