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 26.30 - Manufacture of communication equipment
216 jobs Number of planned job losses
Announcement Date
19 December 2014
Employment effect (start)
19 December 2014
Foreseen end date
31 May 2015
Description
Ericsson Modem Nuremberg is going to close down in May 2015 which will result in a total job loss of 216 positions. A social plan has been set up for the dismissed employees who will be receiving severance payments. In case of not having succeeded in finding a job by May, dismissed employees will also have the opportunity of changing into a transfer agency.
Ericsson, Swedish supplier of mobile service equipment, currently runs 15 sites across Germany. The company has decided to withdraw from providing modem platforms for smartphones which is the reason for this closure. Another 13 German sites will be affected by this business decision.
Sources
19 December 2014: nordbayern.de
Citation
Eurofound (2014), Ericsson Modem, Closure in Germany, factsheet number 78168, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78168.
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