Type
Offshoring/Delocalisation
Country
Ireland
Region
Border, Midland and Western; Border; Border
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment
New offshoring locations
Singapore, Malaysia, China

350 jobs
Number of planned job losses
Job loss
Announcement Date
21 February 2006
Employment effect (start)
Foreseen end date
30 September 2006

Description

350 workers at NEC, an electronics devices plant, in County Meath, became the latest victims of the trend in Ireland which has seen traditional manufacturing companies move production to lower-cost economies. Some 300 full-time and 50 part-time employees are to lose their jobs at NEC Semiconductors when it closes at the end of September 2006. Management of the Japanese-owned plant said it was to cease production as part of a group consolidation exercise, which will result in jobs being switched to Singapore, Malaysia and China. The switch will enable the company to hire general operatives at a quarter of the cost of Irish workers, reducing labour costs by 75%.


Sources

  • 20 February 2022: The Irish Times

Citation

Eurofound (2006), NEC Semiconductors, Offshoring/Delocalisation in Ireland, factsheet number 62975, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62975.