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 (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
120 jobs Number of planned job losses
Announcement Date
10 August 2005
Employment effect (start)
Foreseen end date
Description
On 10 August 2005, the producer of circuit components Aspocomp, started codetermination negotiations in order to cut 120 jobs. The negotiations involve the future of the entire Salo unit. Restructuring measures are evoked as a consequence of large profit losses.
Sources
10 August 2005: Helsingin Sanomat
Citation
Eurofound (2005), Aspocomp, Internal restructuring in Finland, factsheet number 62126, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62126.