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
990 - 1,000 jobs Number of planned job losses
Announcement Date
24 April 2007
Employment effect (start)
1 June 2007
Foreseen end date
Description
The Indian company Videocon plans to dismiss 30% of the 3,300 persons employed at its picture tube factory in Piaseczno by Warsaw. The elimination of import duties on picture tubes produced in China has led to a drop in demand for Videocon’s products. One production line will be stopped entirely, and the output of the remaining ones will be reduced. The trade unions hope that the employees affected by the downsizing can continue to work until the end of May 2007.
Sources
24 April 2007: Rzeczpospolita
Citation
Eurofound (2007), Videocon, Internal restructuring in Poland, factsheet number 65272, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65272.
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