EMCC European Monitoring Centre on Change

Vishay Electrónica Portugal

Company/Organisation:
Vishay Electrónica Portugal

Geographic Location

Country: Portugal
Region: Minho-Lima; Norte; Continente
Location of affected unit(s): Vila Nova de Famalicão

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 266
Group: Vishay

Employment Effects

Announcement Date: 20-10-2004
Planned Job Reductions min: 130
Planned Job Reductions max: 130
Type of Restructuring: Offshoring/Delocalisation
Employment Effect Start: 20-10-2004
Foreseen End Date: 29-04-2005
Direct Dismissals: 100

Additional Information

The company Vishay announced its relocation. The measure will affect 130 workers. The company gave as a reason the relocation of part of the production and equipment to India, where labour is cheaper. Vishay is installed in Portugal since 1969 where it employs 266 people.