Panasonic AVC Networks

Type
Internal restructuring
Country
Slovakia
Region
Slovensko; Východné Slovensko; Košický kraj
Location of affected unit(s)
Krompachy
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
162 jobs
Number of planned job losses
Job loss
Announcement Date
12 January 2011
Employment effect (start)
15 February 2011
Foreseen end date
31 March 2011

Description

Panasonic AVC Networks Company in Krompachy, which employs 900 workers, announced dismissal of 162 employees. These job losses are attributed to the decline in sales of DVD recorders and blue-ray players on the European market.

Sources

  • 12 January 2011: Hospodárske noviny

Citation

Eurofound (2011), Panasonic AVC Networks, Internal restructuring in Slovakia, factsheet number 71513, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71513.