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.
On 28 January 2013, producer of household electric appliances, Philips Lighting Poland announced plans to cut 264 jobs at the lighting equipment factory in Piła by the end of March 2013. The restructuring programme is associated with the end of production of the incandescent light bulbs for the European markets.
The company signed with the local trade unions the bilateral agreement on the dismissal programme’s conditions, including a severance pay for all redundant workers.
The company has been operating in Poland since 1991. Philips Lighting Poland employs over 9,000 people in factories located in five Polish cities (Piła, Bielsko-Biała, Kętrzyń, Białystok and Pabianice). The factory in Piła employs 3,100 people.
Eurofound (2013), Philips Lighting Poland, Internal restructuring in Poland, factsheet number 74920, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74920.