The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.12 - Manufacture of luggage, handbags and the like, saddlery and harness
360 jobs Number of planned job losses
Announcement Date
29 May 2020
Employment effect (start)
1 June 2020
Foreseen end date
Description
Samsonite, an international producer and retailer of luggage and suitcases has announced it will be restructuring its facilities at Oudenaarde (Netherlands) and in Hungary. In total 94 employees will be facing collective dismissal and 66 jobs will be cut through natural departures at Oudenaarde, on a total workforce of 770 employees. In addition, 66 temporary contacts will not be prolonged. In Hungary, the reorganisation will lead to 200 job cuts. The company has been facing difficulties for a while but now has to cop with a sharp drop of sales related to the COVID-19 crisis.
Eurofound (2020), Samsonite, Internal restructuring in European Union, factsheet number 100961, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100961.
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