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 Electrical Equipment 27.4 - Manufacture of electric lighting equipment
158 jobs Number of planned job losses
Announcement Date
12 January 2018
Employment effect (start)
12 January 2018
Foreseen end date
31 August 2018
Description
As announced on 12 January, the Dutch light bulb manufacturer Philips Lighting, will be closing its plant in Aachen by the end of August 2018, which will result in the loss of 158 jobs. The closure is a result of a decreasing demand for traditional light bulbs. Also, the move anticipates the implementation of a new EU-law, which stipulates that from 1 September 2018, only halogen bulbs with an energy class C are allowed to be sold. Philips Lighting and the German Metalworkers’ Union are actively negotiating with local businesses to take over employees.
Sources
12 January 2018: Aachener Nachrichten (online)
13 January 2018: Arbeitskreis Gewerkschafter (online)
Citation
Eurofound (2018), Philips Lighting, Closure in Germany, factsheet number 93018, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93018.
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