LG.Philips Displays

Type
Internal restructuring
Country
France
Region
Centre — Val de Loire; Centre — Val de Loire; Eure-et-Loir
Location of affected unit(s)
Dreux
Sector
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
470 jobs
Number of planned job losses
Job loss
Announcement Date
20 December 2004
Employment effect (start)
Foreseen end date

Description

LG.Philips Displays France, has announced its intention to cut half of its workforce. The unit in Dreux, manufacturing 29''colour display tubes, will lose 470 employees. Several employees should benefit from early retirement measures. LG.Philips Displays plans in the future to focus only on LCD and plasma display products. In 2002 and 2003, three factories (in Germany, Austria and UK) had already been closed. Only three sites remain in Europe (UK, Czech Republic, and France).

Sources

  • 20 December 2004: Les Echos

Citation

Eurofound (2004), LG.Philips Displays, Internal restructuring in France, factsheet number 60927, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60927.