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.
Electronic components manufacturer Kemet Electronics is to close a production line in Évora by 30 June, making 127 workers redundant. In particular, this will affect employees with a seniority of more than ten years.
The company stated that the job cuts were due to structural reasons, but worker representatives have claimed that production is to be relocated to Mexico. The company had already attempted to offshore part of its production in 2012, a plan that failed due to the lack of licenses for the Mexican plant.
Next Friday, employees will move to the Ministry of Economy to deliver a document with arguments against collective dismissals.
Kemet Electronics is a US-based multinational.
Eurofound (2014), Kemet Electronics, Internal restructuring in Portugal, factsheet number 76581, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76581.