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
75 jobs Number of planned job losses
Announcement Date
6 December 2007
Employment effect (start)
31 January 2008
Foreseen end date
30 April 2008
Description
Flextronics, a provider of electronic manufacturing services, has announced that it is to cut 75 new jobs at its production site in Östersund by the end of April 2008. The factory affected by the restructuring manufactures electrical nodes for telecom nets and currently employs 300. The reason for the job cuts is a decrease in incoming orders. The company described the measure as a way of preparing for the future in a business with varying demands and high level of innovation.
Sources
7 December 2007: Dagens Industri
Citation
Eurofound (2007), Flextronics, Internal restructuring in Sweden, factsheet number 66156, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66156.
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