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 Computer, Electronic And Optical Products 26.11 - Manufacture of electronic components
530 jobs Number of planned job losses
Announcement Date
10 January 2013
Employment effect (start)
1 December 2012
Foreseen end date
31 January 2013
Description
AU Optronics, a Taiwan-based electronic company, which established its subsidiary in Slovakia in June 2011, is terminating the production of LCD monitors, with the consequent loss of 530 jobs.
The company will provide only repairing services for its customers. The company once employed 1300 people and provided indirectly work for another 2000 through delivery services and suppliers. Redundancies are caused by a decline in orders in the LCD market globally.
Sources
10 January 2013: Pravda
Citation
Eurofound (2013), AU Optronics, Internal restructuring in Slovakia, factsheet number 74793, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74793.
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