OCZ Vrchlabí

Type
Internal restructuring
Country
Czechia
Region
Česko; Severovýchod; Královéhradecký kraj
Location of affected unit(s)
Vrchlabí
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.1 - Manufacture of electronic components and boards
26.11 - Manufacture of electronic components
109 jobs
Number of planned job losses
Job loss
Announcement Date
11 December 2012
Employment effect (start)
11 December 2012
Foreseen end date
28 February 2013

Description

OCZ Vrchlabí, a Czech producer of LCD displays and modules, has announced 109 dismissals by the end of February 2013. The job cuts are attributed to the financial crisis. Prior to the dismissals, the company employed approximately 400 people.

Sources

  • 11 December 2012: Právo-severovýchodní Čechy (www.pravo.cz)

Citation

Eurofound (2012), OCZ Vrchlabí, Internal restructuring in Czechia, factsheet number 74746, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74746.