EMCC European Monitoring Centre on Change

Agilent Technologies

Company/Organisation:
Agilent Technologies

Geographic Location

Country: World
Location of affected unit(s): UK, USA

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 20600

Employment Effects

Announcement Date: 14-10-2014
Planned Job Reductions min: 300
Planned Job Reductions max: 300
Type of Restructuring: Internal restructuring
Employment Effect Start: 14-10-2014
Foreseen End Date: 31-10-2015
Direct Dismissals: 300

Additional Information

Agilent Technologies, an American-based multi-national technology company, announced on 14 October 2014 its plans to terminate its operations in the area of Nuclear Magnetic Resonance (NMR), which will lead to 300 job losses within the next twelve months. It is envisaged that up to 100 job losses will take place in Norfolk, UK, and 80 at the company’s headquarters in Santa Clara, California,  with the rest spread across company locations worldwide. The decision to terminate this area of business operations has been taken as a result of continued shortfalls in growth and profitability since the group entered the NMR business in 2010 following the acquisition of another company. In 2013, Agilent had 20,600 employees and operated in more than 100 countries. The ERM reported on previous internal restructuring cases at Agilent in 2003.