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
New offshoring locations
Not Available
190 - 210 jobs Number of planned job losses
Announcement Date
27 July 2005
Employment effect (start)
Foreseen end date
31 December 2006
Description
On 27 July 2005, Flextronics announced to start cooperation negotiations with the whole personnel. Its aim is to cut 210 jobs at the Oulu unit. The job cuts will be carried out due to the plans to move the activities to Asia. On 29 December 2005, after closed codetermination negotiation round, Flextronics informed to make 162 employees redundant at Oulu and Kuopio units.
Sources
30 December 2005: Helsingin Sanomat
27 July 2005: Helsingin Sanomat
Citation
Eurofound (2005), Flextronics, Offshoring/Delocalisation in Finland, factsheet number 61993, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61993.
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