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 26.1 - Manufacture of electronic components and boards 26.11 - Manufacture of electronic components
109 jobs Number of planned job losses
Announcement Date
11 December 2012
Employment effect (start)
11 December 2012
Foreseen end date
28 February 2013
Description
OCZ Vrchlabí, a Czech producer of LCD displays and modules, has announced 109 dismissals by the end of February 2013. The job cuts are attributed to the financial crisis. Prior to the dismissals, the company employed approximately 400 people.
Sources
11 December 2012: Právo-severovýchodní Čechy (www.pravo.cz)
Citation
Eurofound (2012), OCZ Vrchlabí, Internal restructuring in Czechia, factsheet number 74746, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/74746.
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