Type
Internal restructuring
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Manufacturing
Manufacture of electrical, electronic and optical products
Manufacture of electrical equipment
27 - Manufacture of electrical equipment

77 jobs
Number of planned job losses
Job loss
Announcement Date
25 June 2009
Employment effect (start)
Foreseen end date

Description

Legrand, a Portuguese electrical equipment specialist, will submit to the Portuguese authorities and sector trade unions a plan for a 77 worker reduction in its current workforce of 390.The company justifies this dismissal with a dramatic reduction in sales in the export market due to the economic recession in Spain, Greece, Poland, Turkey and Russia among others.


Sources

Citation

Eurofound (2009), Legrand, Internal restructuring in Portugal, factsheet number 69196, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69196.