Alcoa Fujikura

Type
Internal restructuring
Country
Czechia
Region
Česko; Jihozápad; Plzeňský kraj
Location of affected unit(s)
Stříbro
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
850 jobs
Number of planned job losses
Job loss
Announcement Date
27 June 2008
Employment effect (start)
1 July 2008
Foreseen end date
31 August 2008

Description

Alcoa Fujikara Czech announced the cut of 850 jobs at their production facility in Stříbro in July and August 2008. The job reduction is due to the unfavourable CZK exchange rate. It was reported that a part of the company’s production will be moved to Romania. Alcoa Fujikara Czech, currently employing 2,050 staff, manufactures wiring harness systems and it is a subsidiary of the world leader in the production of primary aluminium that serves aerospace, automotive, construction and other industries.

Sources

  • 27 June 2008: Hospodárske noviny

Citation

Eurofound (2008), Alcoa Fujikura, Internal restructuring in Czechia, factsheet number 66794, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66794.