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
European Globalisation Fund (EGF)
Year: 2009, Case number: 23
600 jobs Number of planned job losses
Announcement Date
14 April 2009
Employment effect (start)
14 April 2009
Foreseen end date
Description
The Portuguese unit of the insolvent German chip maker Qimonda has announced the dismissal of 600 workers at the factory in Vila do Conde who are mainly employed on temporary contracts. However, a work council representative claims that 200 of these 600 workers have permanent contracts. The management also announced the suspension of the contracts of 800 of the remaining employees for six months. Qimonda's Portuguese unit will keep 200 workers to maintain its plant in Vila do Conde. The management also said that it is aware of the implications of this measure and, therefore, promises to avoid affecting, for example, parents with dependent children.
Sources
14 April 2009: Diário Económico
Citation
Eurofound (2009), Qimonda, Internal restructuring in Portugal, factsheet number 68752, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68752.
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