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 Electrical Equipment 27 - Manufacture of electrical equipment
88 jobs Number of planned job losses
Announcement Date
30 June 2009
Employment effect (start)
27 July 2009
Foreseen end date
10 August 2009
Description
Amphenol ConneXus, the Estonian subsidiary of the Swedish company, has announced the reduction of 88 jobs, which represents 16% of the total 537 employees. The dismissals are to take place at the end of July or the beginning of August 2009.
This is the second large dismissal in the company during the year - the first one took place in February when 131 persons were dismissed (see also ERM factsheet). As a result, more than 200 workers have been dismissed from the company during 2009. About 700 workers were employed in the company at its peak. According to the comments of the executive director of the company in the daily newspaper Eesti Päevaleht, the reason lies behind reduction in work orders.
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