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.
Jabil Circuit, a U.S based group that provides manufacturing services and solutions, is to cut between 200 and 230 jobs at its site in Brest. The decision to make redundancies follows the loss of a key contract for the production of circuit cards with the French telecommunications equipment manufacturer Alcatel. The contract is likely to be awarded to Solectron, a Chinese firm. Management at Jabil Circuit announced the series of redundancies to its works council on 29th August 2007. According to a trade union representative, the redundancies are to be implemented by June 2008. Jabil Circuit provides a range of services that include electronics and mechanical design, product management and after-market services. Its clients operate in a range of sectors that include the aerospace, automotive and telecommunications sectors.
Eurofound (2007), Jabil Circuit, Internal restructuring in France, factsheet number 65763, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65763.
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