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 (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
200 jobs Number of planned job losses
Announcement Date
12 November 2008
Employment effect (start)
Foreseen end date
31 December 2008
Description
Psion PLC, a manufacturer of mobile computers and hand-held devices for offices, is to cut 200 jobs in the UK by the end of 2008. The job losses reflect falling demand; the number of orders has declined while companies postpone IT projects. As of November 2008 there is no further information on the job cuts.
Sources
12 November 2008: The Guardian
Citation
Eurofound (2008), Psion PLC, Internal restructuring in United Kingdom, factsheet number 67377, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67377.