Restructuring events
European Restructuring Monitor (ERM)
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.
A US-owned medical devices manufacturng company is to make approximately 100 staff redundant at its plant in Fermoy, north Cork. Sanmina-SCI currently employs around 400 people in Fermoy. The company manufactures a variety of products, including monitors for respirators and ventilators, as well as MRI equipment. It has been reported that most staff to be made redundant on employed on temporary contracts. The company has attributed the job losses to the cessation/non-renewal of manufacturing contracts.
Eurofound (2009), Sanmina-SCI, Internal restructuring in Ireland, factsheet number 68342, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68342.