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
Czechia, China
400 jobs Number of planned job losses
Announcement Date
15 May 2008
Employment effect (start)
1 February 2009
Foreseen end date
31 December 2009
Description
ON Semiconductor is to cease production of electronic chips in its units in Piešťany with a loss of 400 jobs. The start of dismissals is planned in May 2009 and all production plants will be closed by the end of 2009. Production will be outsourced to the company’s units in other countries. According to the president of ON Semiconductor, Keith Jackson, the delocalisation is caused by implementation of long-term company business strategy aimed at keeping sustainable competitiveness in the global market. The multinational company has been operating in Slovakia since 1999.
Dismissals started earlier than were originally planned (in May 2009), and 117 workers were laid off already in February 2009. Production is to be delocalised to the Czech Republic and China.
Sources
15 May 2008: Hospodárske noviny
10 February 2009: SME
Citation
Eurofound (2008), ON Semiconductor, Offshoring/Delocalisation in Slovakia, factsheet number 66631, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66631.
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