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 Electrical Equipment 27.4 - Manufacture of electric lighting equipment
100 jobs Number of planned job losses
Announcement Date
3 October 2005
Employment effect (start)
Foreseen end date
3 October 2008
Description
Dutch electronics company Royal Philips Electronics' unit Philips Lighting Vitrite in Middelburg, southern Netherlands, part of Philips Lighting division, and trade unions have reached an agreement on a restructuring. Under the restructuring 100 of the some 220 full-time jobs will be cut. Under a social plan, the redundant employees will have two years to find another job, by keeping their current salaries. The announced restructuring led to a conflict because it became clear that the management took a decision in 2003 to move the production of lighting articles to Poland and China. Trade unions have always had suspicions about this but they were denied by the management.
Sources
4 October 2005: De Financiële Telegraaf
Citation
Eurofound (2005), Philips Lighting Vitrite, Internal restructuring in Netherlands, factsheet number 62748, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62748.
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