Sanyo

Type
Internal restructuring
Country
United Kingdom
Region
East (England); Suffolk; East Suffolk
Location of affected unit(s)
Lowestoft
Sector
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
100 jobs
Number of planned job losses
Job loss
Announcement Date
6 December 2006
Employment effect (start)
1 January 2007
Foreseen end date

Description

Television manufacturer Sanyo is to make 100 workers redundant from its plant in Lowestoft, Suffolk. The firm employs 300 currently at the plant, and has blamed cheap imports from China and Turkey for their need to cut the workforce. The company said the reduction of the workforce will take place in stages and the first 30 staff will leave just after Christmas. A management spokesman said he hoped this would be the end of job cuts at the television factory.

Sources

  • 6 December 2006: BBC News

Citation

Eurofound (2006), Sanyo, Internal restructuring in United Kingdom, factsheet number 64567, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64567.