Type
Internal restructuring
Country
Portugal
Region
Continente;
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27 - Manufacture of electrical equipment

77 jobs
Number of planned job losses
Job loss
Announcement Date
25 June 2009
Employment effect (start)
Foreseen end date

Description

Legrand, a Portuguese electrical equipment specialist, will submit to the Portuguese authorities and sector trade unions a plan for a 77 worker reduction in its current workforce of 390.The company justifies this dismissal with a dramatic reduction in sales in the export market due to the economic recession in Spain, Greece, Poland, Turkey and Russia among others.


Sources

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Citation

Eurofound (2009), Legrand, Internal restructuring in Portugal, factsheet number 69196, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69196.