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 27.4 - Manufacture of lighting equipment 27.4 - Manufacture of lighting equipment
104 jobs Number of planned job losses
Announcement Date
20 April 2006
Employment effect (start)
Foreseen end date
Description
The management of the lighting equipment manufacturer Sylvania have announced its restructuring plan. 104 out of the 522 current jobs will be cut. This restructuring will make the company more competitive and assure its future.
Sources
20 April 2006: Les Echos
Citation
Eurofound (2006), Sylvania, Internal restructuring in Belgium, factsheet number 63359, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63359.