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 Computer, Electronic And Optical Products 26.11 - Manufacture of electronic components
127 jobs Number of planned job losses
Announcement Date
7 February 2014
Employment effect (start)
7 February 2014
Foreseen end date
30 June 2014
Description
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.
Sources
7 February 2014: TSF online
7 February 2014: Público online
Citation
Eurofound (2014), Kemet Electronics, Internal restructuring in Portugal, factsheet number 76581, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76581.
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