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.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
162 jobs Number of planned job losses
Announcement Date
12 January 2011
Employment effect (start)
15 February 2011
Foreseen end date
31 March 2011
Description
Panasonic AVC Networks Company in Krompachy, which employs 900 workers, announced dismissal of 162 employees. These job losses are attributed to the decline in sales of DVD recorders and blue-ray players on the European market.
Sources
12 January 2011: Hospodárske noviny
Citation
Eurofound (2011), Panasonic AVC Networks, Internal restructuring in Slovakia, factsheet number 71513, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/71513.
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