Type
Internal restructuring
Country
France
Region
Bassin Parisien; Basse-Normandie;
Location of affected unit(s)
Caen
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

155 jobs
Number of planned job losses
Job loss
Announcement Date
2 September 2004
Employment effect (start)
Foreseen end date

Description

Following the burning of part of its production site of Caen, Philips will shed 155 jobs there, out of a total of 1.212. 50 of the former Philips employees are already working for Digital Valley, an SME located on the former Philips site. The SME is expected to hire another 30 ex-Philips employees for a total of 80.


Sources

  • 2 September 2004: Les Echos

Citation

Eurofound (2004), Philips Composants, Internal restructuring in France, factsheet number 60618, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60618.