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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
138 jobs Number of planned job losses
Announcement Date
16 May 2008
Employment effect (start)
Foreseen end date
16 May 2008
Description
The Hormann Electronics plant in Cork close its doors for the last time on May 16, 2008.138 jobs have been lost. The closure is attributed to “challenging market conditions”.
Sources
17 May 2008: The Irish Times
Citation
Eurofound (2008), Hormann Electronics, Closure in Ireland, factsheet number 66640, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/66640.