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 Electrical Equipment 27 - Manufacture of electrical equipment
155 jobs Number of planned job losses
Announcement Date
16 January 2009
Employment effect (start)
30 January 2009
Foreseen end date
28 February 2009
Description
Atlas Copco, a Swedish company manufacturing electricity generators and compressors, is to cut 155 jobs at its plant in Wilrijk, Antwerp. This decision follows a decrease in demand caused by the global financial crisis. The trade unions and the employers have begun to negotiate a social plan to organise the collective redundancies. The trade unions hope the majortiy of the redundant workers will be granted early retirement.
Sources
16 January 2009: L'Echo
17 January 2009: De Standaard
Citation
Eurofound (2009), Atlas Copco, Internal restructuring in Belgium, factsheet number 67913, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67913.
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