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 (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
242 jobs Number of planned job losses
Announcement Date
13 March 2009
Employment effect (start)
Foreseen end date
31 December 2010
Description
Omron, a Japanese firm manufacturing electronic car components, is to close its Kingswinford site with the loss of 242 jobs. The job losses are blamed on falling demand for new cars and they will occur by 2010.
Sources
13 March 2009: BBC News UK
Citation
Eurofound (2009), Omron, Closure in United Kingdom, factsheet number 68498, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/68498.