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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
100 jobs Number of planned job losses
Announcement Date
23 July 2003
Employment effect (start)
Foreseen end date
Description
A company spokesperson said the redundancies are required due to plans to divert production to plants in Mexico and China. 100 jobs are threatened.
Sources
24 July 2003: The Irish Independent
Citation
Eurofound (2003), Teradyne, Internal restructuring in Ireland, factsheet number 59161, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59161.