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 Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
100 jobs Number of planned job losses
Announcement Date
6 December 2006
Employment effect (start)
1 January 2007
Foreseen end date
Description
Television manufacturer Sanyo is to make 100 workers redundant from its plant in Lowestoft, Suffolk. The firm employs 300 currently at the plant, and has blamed cheap imports from China and Turkey for their need to cut the workforce. The company said the reduction of the workforce will take place in stages and the first 30 staff will leave just after Christmas. A management spokesman said he hoped this would be the end of job cuts at the television factory.
Sources
6 December 2006: BBC News
Citation
Eurofound (2006), Sanyo, Internal restructuring in United Kingdom, factsheet number 64567, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64567.
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