Oerlikon Eldim

Type
Internal restructuring
Country
Netherlands
Region
Zuid-Nederland; Limburg (NL); Noord-Limburg
Location of affected unit(s)
Lomm
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30.3 - Manufacture of air and spacecraft and related machinery
30.3 - Manufacture of air and spacecraft and related machinery
100 jobs
Number of planned job losses
Job loss
Announcement Date
16 July 2020
Employment effect (start)
Foreseen end date

Description

Oerlikon, a Swiss manufacturing conglomerate, announced 100 job cuts out of the 260 jobs at its plant in Lomm, the Netherlands. The Dutch plant is specialised in manufacturing parts for the engines of airplanes and has been hit hard by the crisis in the aviation industry resulting from the COVID-19 pandemic. The reorganisation will most likely include forced dismissals. The Dutch company has been part of the Oerlikon group for five years. Earlier this year, Oerlikon already announced 800 job cuts in other parts of the company.

Sources

  • 16 July 2020: Het Financieele Dagblad (fd.nl)

Citation

Eurofound (2020), Oerlikon Eldim, Internal restructuring in Netherlands, factsheet number 101262, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/101262.