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 creations
Announcement Date
7 December 2006
Employment effect (start)
1 January 2007
Foreseen end date
Description
Cisco is an American group that supplies networking equipment and network management for the Internet. Cisco Belux, its Belgian unit, currently employs 850 workers and in 2006 it has recorded exceptional sales turnover, witnessing an increase of more than 20% on the previous year. As a result of this, the company announced on 7 December 2006 that it will hire between 100 and 140 people in 2007, mainly engineers and sales people.
Sources
7 December 2006: La Libre Belgique
Citation
Eurofound (2006), Cisco Belux, Business expansion in Belgium, factsheet number 64572, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64572.
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