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
Poland
230 jobs Number of planned job losses
Announcement Date
8 August 2005
Employment effect (start)
1 September 2005
Foreseen end date
31 December 2006
Description
American producer of telecommunications equipment Corning cable systems has announced the transfer of its production of fibre optic cables from the Bavarian town of Neustadt to Lodz in Poland. Continuing cost pressure made the move necessary, the management said.
Sources
9 August 2005: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2005), Corning Cable Systems, Offshoring/Delocalisation in Germany, factsheet number 62074, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62074.
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