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
95 jobs Number of planned job losses
Announcement Date
20 February 2004
Employment effect (start)
Foreseen end date
Description
PHS MEMS, producer of microsystems for the telecom industry, has gone bankrupt. The Commercial Court of Grenoble has pronounced its liquidation, and the redundancy of its 95 employees.
Sources
23 February 2004: Les Echos
Citation
Eurofound (2004), PHS MEMS, Bankruptcy in France, factsheet number 59400, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59400.