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
New offshoring locations
China
141 jobs Number of planned job losses
Announcement Date
23 June 2004
Employment effect (start)
Foreseen end date
31 December 2007
Description
Fralsen, watch maker, subsidiary to Timex, will delocalise part of its production to China. 141 jobs will be cut before the end of 2007 in its site of Besançon which counted 262 employees on 23 June 2004. The social impact will be weak as there will be an important number of retirements during this period.
Sources
23 June 2004: Les Echos
Citation
Eurofound (2004), Fralsen, Offshoring/Delocalisation in France, factsheet number 60496, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60496.