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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 22 - Manufacture of rubber and plastic products 22 - Manufacture of rubber and plastic products
110 jobs Number of planned job losses
Announcement Date
17 February 2003
Employment effect (start)
1 February 2003
Foreseen end date
Description
The restructuring plan is due to the shortage of demand in the video K7 (VCR) market.
The implementation of the plan will go through a lot of early retirement due to the age pyrimad of the company.
Citation
Eurofound (2003), Toray Platique Europe (TPE), Internal restructuring in France, factsheet number 60019, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60019.