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.
Scanfil EMS, a Finnish contract manufacturer and system supplier for the telecommunications and electronics industries, has announced plans to cut up to 170 jobs. The company has started negotiations with employee representatives on the proposed job cuts.
Scanfil EMS operates in two locations in Finland, and the proposed cuts may include closing its factory in Vantaa. Scanfil's Finnish units employed approximately 450 persons in 2010. It has other sites in Estonia, Hungary, and China.
Updated, 9-6-2011: Scanfil EMS has concluded negotiations and decided to lay off 132 workers, 129 from its Vantaa factory and cut another 3 administrative jobs in Sievi. Production will be relocated from Vantaa to China.
Eurofound (2011), Scanfil EMS, Offshoring/Delocalisation in Finland, factsheet number 71930, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71930.