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
300 jobs Number of planned job losses
Announcement Date
7 September 2006
Employment effect (start)
Foreseen end date
30 September 2007
Description
On 7 September 2006, one of the leading computer companies, Fujitsu Siemens, announced its intention to cut 300 jobs in Germany within the next year in response to a narrow market and declining sales. In this sense, sales declined by 4% in the second quarter of 2006 compared to 2005. Fujitsu Siemens employs around 6,800 persons worldwide. Information on which departments will be concerned is not available.
Sources
7 September 2006: Handelsblatt
Citation
Eurofound (2006), Fujitsu Siemens, Internal restructuring in Germany, factsheet number 64047, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64047.
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