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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
130 jobs Number of planned job losses
Announcement Date
11 December 2017
Employment effect (start)
4 December 2017
Foreseen end date
29 December 2017
Description
General Electric Croatia has announced it is going to lay off 130 workers in the city of Karlovac for economic reasons. 85 of the workers made redundant found a job at an Indian engineering company Infosys, which opened a research and development centre in Karlovac. GE Croatia announced that is going to continue to reduce its workforce in the future.
Sources
11 December 2017: www.index.hr
Citation
Eurofound (2017), General Electric Croatia, Internal restructuring in Croatia, factsheet number 92758, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92758.
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