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 (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
300 jobs Number of planned job losses
Announcement Date
30 May 2003
Employment effect (start)
Foreseen end date
Description
Orion Pharma has started cooperation talks in order to cut about 300 jobs. The company motivates the talks by weakening economic situation and changes in the products.
Sources
28 May 2003: Helsingin Sanomat
Citation
Eurofound (2003), Orion Pharma, Internal restructuring in Finland, factsheet number 59778, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59778.