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 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
New offshoring locations
Hong Kong
111 jobs Number of planned job losses
Announcement Date
13 September 2005
Employment effect (start)
Foreseen end date
Description
On 14 September 2005 Philips has announced the suppression of 111 jobs out of 148 in Suresnes and Le Mans. The company is to relocate the headquarters of its Mobile phone department to Honk Kong. The R&D centre of le Mans and the Marketing and Communication division in Suresnes will be affected by this decision.
Sources
14 September 2005: Les Echos
Citation
Eurofound (2005), Philips, Offshoring/Delocalisation in France, factsheet number 62362, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62362.