BE Semiconductor Industries

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
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
220 jobs
Number of planned job losses
Job loss
Announcement Date
23 October 2012
Employment effect (start)
23 October 2012
Foreseen end date
31 March 2013

Description

Dutch semiconductor machinery manufacturer Besi will cut its staff levels by 13 percent, making around 220 people redundant. Most of the job losses (55%) will be attained by a reduction of temporary personnel in Europe and Asia. In Europe the company will also lay off contract workers.

It is reported that during the third quarter of 2012, Besi faced a decline of 46.5 percent in its orders, compared to the previous quarter. 

Sources

  • 23 October 2012: Besi

Citation

Eurofound (2012), BE Semiconductor Industries, Internal restructuring in World, factsheet number 74563, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74563.