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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
500 jobs Number of planned job losses
Announcement Date
8 May 2009
Employment effect (start)
11 May 2009
Foreseen end date
31 August 2009
Description
Flextronics Romania, a manufacturer of electrical tubes and equipments for vehicles, has announced the intention to dismiss 500 employees at its Timişoara factory. The first wave of dismissals is scheduled for May (135 workers) and the second in August (365 workers). At the beginning of 2009, the company had 3,470 employees.
Eurofound (2009), Flextronics, Internal restructuring in Romania, factsheet number 69004, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69004.