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 26.2 - Manufacture of computers and peripheral equipment
150 jobs Number of planned job losses
Announcement Date
30 October 2014
Employment effect (start)
1 January 2015
Foreseen end date
30 June 2015
Description
French-Italian multinational electronics and semiconductor manufacturer STMicroelectronics has announced to its central works council plans to cut 150 jobs. As reported, in the framework of a wolrdwide cost-saving plan affecting 450 jobs in its“digital” activities, a voluntary redundancy plan is envisaged affecting the manufacturing site in Crolles (Isère). The content of the voluntary departure plan will be presented to the central works council on 13 and 14 November. The first departures could start early in 2015 after the information and consultation process.
Eurofound (2014), STMicroelectonics, Internal restructuring in France, factsheet number 77780, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77780.
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