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, Estonia
98 jobs Number of planned job losses
Announcement Date
30 March 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Efore has decided to start cooperation talks with its personnel in order to cut jobs. The company is aiming to relocate the majority of its functions to China and Estonia. On 24 May 2005, Efore informed of completed cooperation negotations. As a result of the round a total of 98 employees will be made redundant. The redundancies will take place in phases by the end of 2005. As a consequence of these personnel reductions, most of Efore's production at Saarijärvi will be transferred to the factories in Estonia and China.
Sources
24 May 2005: Helsingin Sanomat
30 March 2005: Helsingin Sanomat
Citation
Eurofound (2005), Efore Oy, Offshoring/Delocalisation in Finland, factsheet number 61351, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61351.
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