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
278 jobs Number of planned job losses
Announcement Date
20 July 2005
Employment effect (start)
Foreseen end date
Description
Solectron is a supply-chain facilitator providing a full range of manufacturing and supply-chain management services to high-tech electronics companies worldwide. The group announced on Wednesday 20 July 2005 the closure of its site in Turnhout, Belgium. 278 employees will lose their job. Financial difficulties, foreign competition and lack of orders were the reasons evoked by the management.
Eurofound (2005), Solectron, Closure in Belgium, factsheet number 61966, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61966.
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