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.
In early September 2012, Flextronics International notified the local labour office about the planned dismissal of 600 employees at its site in Zalaegerszeg.
The company dismissed 1000 employees in Zalaegerszegin December 2011 and next 600 people in the spring 2012.
The company claims the internal restructuring measures are based on the information from the continuous market research. The representatives assured the company will follow all legal requirements, and try to offer positions to the dismissed employees at its other sites.
The Singapore-based Flextronics currently employs around 9000 employees at its sites in Budapest, Sárvár, Pécs, Tab and Zalaegerszeg.
Eurofound (2012), Flextronics International, Internal restructuring in Hungary, factsheet number 74126, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74126.