EMCC European Monitoring Centre on Change

Phillips

Company/Organisation:
Phillips

Geographic Location

Country: Ireland
Region: Border, Midland and Western

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Group: Phillips

Employment Effects

Announcement Date: 14-01-2004
Planned Job Reductions min: 150
Planned Job Reductions max: 150
Type of Restructuring: Offshoring/Delocalisation
Foreseen End Date: 01-06-2004
Direct Dismissals: 150

Additional Information

The 150 job losses at Phillips' plant in Dublin followed a decision to move back office operations to Poland. Phillips said lower costs in Poland were impossible to ignore and wages were half those in Ireland. The Dublin operation provided Phillips' consumer electronics division with various accounting supports. Staff have been offered redundancy payments of 8 weeks pay for each year of service, which is at the higher end of redundancy settlements in Ireland.