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 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
102 jobs Number of planned job losses
Announcement Date
15 February 2005
Employment effect (start)
15 February 2005
Foreseen end date
15 February 2007
Description
Dutch group Philips announced on 15 February 2005 the loss of 102 jobs over the next two years at its local Middelburg factory, as well as the relocation of a part of its production in Poland. 65 jobs were cut in the same factory back in November 2003.
Sources
22 February 2005: Europe Information e-technologies
Citation
Eurofound (2005), Philips, Internal restructuring in Netherlands, factsheet number 61191, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61191.