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
250 jobs Number of planned job losses
Announcement Date
24 September 2007
Employment effect (start)
Foreseen end date
Description
Canon, the multi-national manufacturer of electronic equipment, is to cease the production of copy machines at its Gießen site with the loss of 250 jobs. The firm is to 'offshore' production to China. 400 are currently employed at the Gießen plant. As of September 2007, there is no information as to when the job losses will be implemented.
Sources
24 September 2007: Handelsblatt
Citation
Eurofound (2007), Canon, Offshoring/Delocalisation in Germany, factsheet number 65842, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65842.
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