Micronas

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Germany (Freiburg, München), Austria(Villach)
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
130 jobs
Number of planned job losses
Job loss
Announcement Date
12 October 2007
Employment effect (start)
Foreseen end date

Description

Micronas, a Swiss-based semiconductor manufacturer, has announced that it is to cut 130 jobs at its production sites in Germany (Freiburg and Munich) and Austria (Villach). The decision is attributed to a decline in the sales. The company says that in the long run only the semiconductor manufacturing for the automotive industry will stay at Freiburg. Chip manufacturing was already delocated to China. Another 50 jobs will be lost at the sites in either Singapur or Novi Sad (Israel).

As of October 2007, there is no information on when the jobs cuts will be implemented.

Sources

  • 12 October 2007: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2007), Micronas, Internal restructuring in European Union, factsheet number 65909, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65909.