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
New offshoring locations
China
180 jobs Number of planned job losses
Announcement Date
1 September 2004
Employment effect (start)
Foreseen end date
Description
The French subsidiary of Solectron, an American electronics company, is to make another staff reduction in Canéjan in Gironde. Solectron succeeded in reducing the number of jobs cut to 180 instead of 227 initially expected, thanks to an increase of working time. The reason for this restructuring is the loss of the most important trading customer the Canadian Nortel. Hence, in order to reduce the costs, the company is to relocate a part of its production in Eastern Europe and China. Solectron who wants to keep its French site, has nevertheless announced an increase in its capital and is now planning to focus on Aeronautics and defence markets.
Sources
5 January 2005: Les Echos
1 September 2004: Les Echos
14 March 2005: Les Echos
Citation
Eurofound (2004), Solectron France, Offshoring/Delocalisation in France, factsheet number 61055, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61055.
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