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 - Manufacture of computer, electronic and optical products
120 jobs Number of planned job losses
Announcement Date
20 June 2003
Employment effect (start)
Foreseen end date
1 November 2003
Description
The redundancies will occur in Lucent's Dublin offices at Cherrywood. It is understood the troubled US multinational will still employ approximately 350 workers in Ireland, who are predominantly employed in a second site in Blanchardstown, also in Dublin. The redundancies form part of an attempt to cut overheads in Ireland by 25%, which is related to the continuing problems the electronics and technology sector is facing worldwide. It is understood that some workers may have the opportunity to redeploy elsewhere, either to the Blanchardstown office, or to Spain and India.
Sources
20 June 2003: The Irish Times
Citation
Eurofound (2003), Lucent Technologies, Internal restructuring in Ireland, factsheet number 58848, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58848.
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