Restructuring events
European Restructuring Monitor (ERM)
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.
Electronics firm Solectron are to close their plant in Dunfermline with the loss of 400 jobs. The 400 jobs are among 1,400 being cut across America and Europe.
First Minister Mr McConnell recognised the need to move on in the economy and said that workers would be offered alternative work. But he was dissapointed by the move.
'The electronics sector played a very important role in the late 80s and into the 1990s, in providing a bridge from Scotland's industrial past to the modern economy we have today.'
He stressed in today's competitive marketplace it was important that Scotland could compete with both the low wage economies and also with those countries that were increasing their investment in skills and education.
Eurofound (2006), Solectron, Closure in United Kingdom, factsheet number 64375, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64375.