Videocon

Type
Internal restructuring
Country
Poland
Region
Makroregion województwo mazowieckie; Warszawski stołeczny; Warszawski zachodni
Location of affected unit(s)
Piaseczno
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
990 - 1,000 jobs
Number of planned job losses
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/65272.