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.
Scotland; South Western Scotland; South Lanarkshire
Location of affected unit(s)
East Kilbride
Sector
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
800 jobs Number of planned job losses
Announcement Date
15 October 2008
Employment effect (start)
15 October 2008
Foreseen end date
31 March 2008
Description
Freescale Semiconductor, a multinational high technology engineering firm, has announced that it is to close its microchip factory in East Kilbride. The factory opened in 1969, but will be closed in Spring 2009 with the loss of all 800 jobs. The company blamed the closure of the plant on a reduction in demand for the products made at East Kilbride, mainly used in mobile telephones and car engines, as a result of advances in technology.
Sources
15 October 2008: BBC News
Citation
Eurofound (2008), Freescale Semiconductor, Closure in United Kingdom, factsheet number 67245, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67245.
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