Freescale Semiconductor

Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Crolles, Toulouse
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
256 jobs
Number of planned job losses
Job loss
Announcement Date
22 October 2007
Employment effect (start)
1 December 2007
Foreseen end date
31 December 2007

Description

Freescale France, a manufacturer of chips for the automotive and telecommunications sectors and a subsidiary of Freescale Semiconductor Inc., has announced that it is to cut 256 jobs during December 2007. The job cuts will affect the firm’s employees in Crolles and Toulouse where 1,800 are currently employed. The Chief Executive Officer of Freescale France has stated that the decision to implement the job cuts is a response to a recent downturn in the firm’s financial results.

Sources

  • 24 October 2007: Les Echos

Citation

Eurofound (2007), Freescale Semiconductor, Internal restructuring in France, factsheet number 65949, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65949.