EMCC European Monitoring Centre on Change

Philips Communication, Image & Security (CIS)

Company/Organisation:
Philips Communication, Image & Security (CIS)

Geographic Location

Country: World

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed: 1300
Group: Philips

Employment Effects

Announcement Date: 08-08-2002
Planned Job Reductions min: 1300
Planned Job Reductions max: 1300
Type of Restructuring: Merger/Acquisition

Additional Information

Philipps sales one of his division (CIS) to a german company, Robert Bosch. All the workers will be transfer to Robert Bosch.