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 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
300 jobs Number of planned job losses
Announcement Date
11 October 2002
Employment effect (start)
Foreseen end date
1 October 2002
Description
Declining demand in the telecom sector has led to the closure of the unit. All employees have been made redundant.
Citation
Eurofound (2002), Sanmina-SCI, Internal restructuring in Finland, factsheet number 59566, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59566.