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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
New offshoring locations
Denmark
180 jobs Number of planned job losses
Announcement Date
19 January 2006
Employment effect (start)
Foreseen end date
Description
In January 2006, GN ReSound,a hearing-aid manufacturing company, announced that it is to close in Cork with the loss of 180 jobs - just 18 months after the Irish Government promised it would expand. GN ReSound is to close its Cork facility and transfer all manufacturing to its base in China and all administrative functions to its parent company in Denmark. The company set up operations in Ireland in 1994. Employees are non-unionised.
Sources
6 January 2020: The Irish Times
Citation
Eurofound (2006), GN ReSound, Offshoring/Delocalisation in Ireland, factsheet number 62825, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62825.
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