HP - Compaq

Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Amstelveen, Utrecht
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
325 jobs
Number of planned job losses
Job loss
Announcement Date
18 July 2002
Employment effect (start)
Foreseen end date
1 November 2002

Description

325 jobs should be lost on the 3100 employees by both enterprises in Netherlands. To date no precision, on going negociations with the trade unions (social plan). The restructuration of the new group should be achieved for the 1st november 2002.

Citation

Eurofound (2002), HP - Compaq, Internal restructuring in Netherlands, factsheet number 59465, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59465.