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
60 jobs Number of planned job losses
Announcement Date
13 December 2010
Employment effect (start)
Foreseen end date
Description
Elektrobit, which produces equipment and software for wireless communications and cars, lays off 60 workers in Finland.
Negotiations between the company and employee representatives started on October 28, 2010. Redundancies take place in Elektrobit's Wireless Solutions Business and affect all four locations in Finland. The company cites the need to improve its profitability through adapting workforce to declining sales. Elektrobit also announced new temporary lay-offs, which could last until August 2011.
Eurofound (2010), Elektrobit, Internal restructuring in Finland, factsheet number 71304, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71304.
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