EMCC European Monitoring Centre on Change

Mitsubishi Electric

Company/Organisation:
Mitsubishi Electric

Geographic Location

Country: France
Region: Bretagne; Ouest
Location of affected unit(s): Etrelles (Ille-et-Vilaine)

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 1065
Group: Mitsubishi

Employment Effects

Announcement Date: 05-04-2002
Planned Job Reductions min: 580
Planned Job Reductions max: 580
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-05-2002
Foreseen End Date: 01-02-2003

Additional Information

In April 2002, Mitsubishi Electric announced the closure of its Estrelles plant, affecting 580 jobs. An outplacement scheme has started, setting up a job convention with 50 plants of the industrial area with more than 500 employement opportunities. In February 2003, the closure of the plant was effective, with the dismissal of 580 workers. In October 2003, Mitsubishi Electric announced that more than 94% of its ex-workforce has found a new job in the industrial area.