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 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
4,400 jobs Number of planned job losses
Announcement Date
25 July 2002
Employment effect (start)
Foreseen end date
Description
Reduction of 14% of total workers in the telecom branch due to losses.
Citation
Eurofound (2002), Corning, Internal restructuring in World, factsheet number 59766, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59766.