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
Hungary, Mexico
160 jobs Number of planned job losses
Announcement Date
23 February 2005
Employment effect (start)
Foreseen end date
30 June 2006
Description
U.S. chip manufacturer Texas Instruments will restructure the activities of its Dutch subsidiary Texas Instruments Holland BV and cut 160 jobs in the Netherlands, the company said on 23 February 2005. 110 of the 160 job cuts will be full-time jobs and the remaining 50 are temporary jobs. Under the restructuring, the company will close its production unit in the Netherlands and relocate production to Hungary and Mexico. The restructuring is due to be completed by mid-2006.
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