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
282 jobs Number of planned job losses
Announcement Date
4 January 2012
Employment effect (start)
Foreseen end date
Description
The electronic components manufacturer ZA-CO plans to cut 282 jobs in Komarom (Hungary). ZA-CO has notified the labour authority about this collective redundancy. The company also employs temporary agency workers, but no information about their dismissal it available. To date, there is no information on the timeline of the job cuts.
Some 200 redundant workers are Slovakian citizens, who commute to work from Slovakia.
Sources
4 January 2012: HR Portal
4 January 2012: Szakszervezetek.hu
4 January 2012: Világ Gazdaság
Citation
Eurofound (2012), Za-Co, Internal restructuring in Hungary, factsheet number 73303, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73303.
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