Elektrobit

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi;
Location of affected unit(s)
Espoo, Kajaani, Oulu, Tampere
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27 - Manufacture of electrical equipment
27 - Manufacture of electrical equipment
60 jobs
Number of planned job losses
Job loss
Announcement Date
13 December 2010
Employment effect (start)
Foreseen end date

Description

Elektrobit, which produces equipment and software for wireless communications and cars, lays off 60 workers in Finland.

Negotiations between the company and employee representatives started on October 28, 2010. Redundancies take place in Elektrobit's Wireless Solutions Business and affect all four locations in Finland. The company cites the need to improve its profitability through adapting workforce to declining sales. Elektrobit also announced new temporary lay-offs, which could last until August 2011.

Sources

Citation

Eurofound (2010), Elektrobit, Internal restructuring in Finland, factsheet number 71304, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71304.