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
130 jobs Number of planned job losses
Announcement Date
12 October 2007
Employment effect (start)
Foreseen end date
Description
Micronas, a Swiss-based semiconductor manufacturer, has announced that it is to cut 130 jobs at its production sites in Germany (Freiburg and Munich) and Austria (Villach). The decision is attributed to a decline in the sales. The company says that in the long run only the semiconductor manufacturing for the automotive industry will stay at Freiburg. Chip manufacturing was already delocated to China. Another 50 jobs will be lost at the sites in either Singapur or Novi Sad (Israel).
As of October 2007, there is no information on when the jobs cuts will be implemented.
Sources
12 October 2007: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2007), Micronas, Internal restructuring in European Union, factsheet number 65909, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65909.
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