Tellabs

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Espoo, Oulu
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
97 jobs
Number of planned job losses
Job loss
Announcement Date
19 January 2005
Employment effect (start)
19 January 2005
Foreseen end date
15 March 2005

Description

Tellabs, the telecom service provider, will start cooperation talks with its personnel. The aim is to cut the workforce by 110 employees. The cuts will effect mainly product development and its support functions, customer service, marketing and administration. The negotiations will be finished by mid-March.

After the finished cooperation negotiations Tellabs has decided, on 9 January to make 97 employees redundant.

Sources

  • 9 February 2005: Helsingin Sanomat
  • 19 January 2005: Helsingin Sanomat

Citation

Eurofound (2005), Tellabs, Internal restructuring in Finland, factsheet number 61025, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61025.