Type
Internal restructuring
Country
Estonia
Region
Eesti; Põhja-Eesti;
Location of affected unit(s)
Tallinn
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

385 jobs
Number of planned job losses
Job loss
Announcement Date
17 February 2009
Employment effect (start)
1 March 2009
Foreseen end date
1 May 2009

Description

Elcoteq Tallinn AS is about to dismiss up to 385 employees in its factory, due to a shortage of orders. Elcoteq Tallinn AS is the Estonian subsidiary of the electronics manufacturing services company Elcoteq SE. The Elcoteq company is pursuing the jobs' cuts all over the world with the aim to cope with the global competition in the current situation of economic crisis and falling demand.


Sources

Citation

Eurofound (2009), Elcoteq Tallinn, Internal restructuring in Estonia, factsheet number 68403, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68403.