Panasonic AVC Networks Czech

Type
Relocation
Country
Czechia
Region
Česko; Severozápad; Ústecký kraj
Location of affected unit(s)
Žatec
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
231 jobs
Number of planned job losses
Job loss
Announcement Date
2 December 2011
Employment effect (start)
1 January 2012
Foreseen end date

Description

Panasonic AVC Networks Czech, a subsidiary of the Japanese consumer electronics manufacturer Panasonic, is to cut 231 jobs at its site located in Žatec (Triangle Insdustrial zone). The redundancies will come into effect from January 2012.

The company will close the Žatec site and move the production to the main factory in Plzeň. Workers are reported to have the opportunity to move to the site in Plzeň.

The redundancy procedure is said to take place due to the global economic crisis.

Sources

  • 2 December 2011: MF Dnes

Citation

Eurofound (2011), Panasonic AVC Networks Czech, Relocation in Czechia, factsheet number 72805, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72805.