BESI

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Malaysia, The Netherlands
Sector
Manufacturing
Manufacturing Of Machinery And Equipment
Manufacture Of Machinery And Equipment N.E.C.
28 - Manufacture of machinery and equipment n.e.c.
210 jobs
Number of planned job losses
Job loss
Announcement Date
27 October 2011
Employment effect (start)
Foreseen end date

Description

Producer of chip making machinery BESI announced it will cut 210 jobs worldwide, mainly in Malaysia. There will also be job cuts in Europe; the Netherlands alone faces 20 redundancies. Most of the redundancies will affect  temporary contracts, but BESI has also announced to cut on executives and overhead in Europe. The job cuts are blamed on recent loss of turnover.

Sources

  • 28 October 2011: Het Financieele Dagblad

Citation

Eurofound (2011), BESI, Internal restructuring in World, factsheet number 72649, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72649.