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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
300 jobs Number of planned job losses
Announcement Date
25 October 2002
Employment effect (start)
Foreseen end date
1 December 2002
Description
Fourth job suppression for Lucent in a period of one year. 7000 jobs suppressed on a total of 53,000 worldwide (23/07/2002). The site of Hilversum stops with R & D, resulting in 300 job losses.
Sources
Citation
Eurofound (2002), Lucent Technologies, Closure in Netherlands, factsheet number 60115, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60115.