EMCC European Monitoring Centre on Change

NEC

Company/Organisation:
NEC

Geographic Location

Country: Portugal
Region: Continente

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 380

Employment Effects

Announcement Date: 03-02-2003
Planned Job Reductions min: 290
Planned Job Reductions max: 290
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2003
Foreseen End Date: 01-03-2003
Direct Dismissals: 290

Additional Information

The Japanese company NEC laid off 290 workers in relation with an internal restructuring plan. It closed down some of its production lines and reduced its expenses regarding investment. These sections were relocated to Japan.