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 (26 - 27) Manufacture of electrical, electronic and optical products 27.4 - Manufacture of lighting equipment 27.4 - Manufacture of lighting equipment
65 jobs Number of planned job losses
Announcement Date
10 November 2003
Employment effect (start)
1 November 2003
Foreseen end date
Description
Philips Lighting Components is a major supplier for worldwide lighting and lighting-related industries. 65 jobs will be shed on the production site of Philips Vitrite in Middelburg. Vitrite suffers from competition and diminishing demand, particularly on the consumer market.
Sources
10 November 2003: Reformatorisch Dagblad
Citation
Eurofound (2003), Philips Vitrite, Internal restructuring in Netherlands, factsheet number 59253, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59253.