Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
12 December 2005
Employment effect (start)
Foreseen end date

Description

Japanese electronic producer Matsushita Electric Industrial is to stop its current-generation mobile phone production and to release over 1,000 employees worldwide. The company restructuring plan involves the closing of manufacturing plants in the Czech Republic, in the Philipines and a development centre in the United States.


Sources

  • 12 December 2005: Hospod├írske noviny

Citation

Eurofound (2005), Matsushita Electric Industrial, Internal restructuring in World, factsheet number 62611, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62611.