Restructuring events
European Restructuring Monitor (ERM)
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.
Sanmina-SCI Magyarország Kft. is planning to lay off 400 of its employees at its Tatabánya site, index.hu reported relying on information from company sources. Headquartered in San Jose, California, Sanmina-SCI is a leading Electronics Manufacturing Services provider focused on delivering complete end-to-end manufacturing capabilities and solutions to technology companies around the world. The company's three Hungarian sites in Miskolc, Tatabánya and Székesfehérvár employ altogether 2300 people. The Tatabánya site offers the full range of manufacturing and repair services for both PCB assembly and for full systems assembly and test. Other services offered include test software & hardware development, warranty & repair services, distribution, parts localization support and local customs services. News of restructuring came as a surprise after previous announced plans to build a new manufacturing facility and hire additional workforce.
Eurofound (2008), Sanmina-SCI Magyarország Kft., Internal restructuring in Hungary, factsheet number 67728, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67728.