Restructuring events
European Restructuring Monitor (ERM)
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.
Fujifilm, a Japanese company, operating in the photography, office and medical electronics, optics, chemicals and biotechnology sectors has announced that it will dismiss 180 out of its 700 employees located in Tilburg, the Netherlands. The Japanese group will stop producing offset plates for the printing industry and will also put a stop to some of its research activities, meaning that the dismissals will take place in this unit of the company.
The company is facing a declining demand for their offset plates and raw material prices are high. As a result, Fujifilm has decided to stop the production of offset plates in Tilburg by the end of next year and move the production to factories in Japan and China instead. Additionally, Fujifilm will partially stop its research activities in Tilburg from April, 2023.
Eurofound (2022), Fujifilm, Offshoring/Delocalisation in Netherlands, factsheet number 107936, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107936.