The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (28) Manufacture of machinery and equipment 28 - Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
250 - 300 jobs Number of planned job losses
Announcement Date
9 August 2002
Employment effect (start)
Foreseen end date
Description
250 were laid of during summer 2002.Decreased demand.
Citation
Eurofound (2002), Sandvik Tamrock, Internal restructuring in Finland, factsheet number 59051, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59051.
