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 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
New offshoring locations
Singapore
120 jobs Number of planned job losses
Announcement Date
4 February 2009
Employment effect (start)
Foreseen end date
30 April 2009
Description
Computer manufacturer IBM has announced the closure of part of its server operation in Dublin, which will result in 120 voluntary redundancies by the end of April 2009. IBM has made a decision to relocate its high-end server manufacturing operation to Singapore, in order to be closer to expanding Asian markets. High-end servers are mainframe computers designed for multinationals and big companies such as banks, insurance firms.
Eurofound (2009), IBM, Offshoring/Delocalisation in Ireland, factsheet number 68116, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68116.