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 For Transport Equipment Manufacture Of Other Transport Equipment 30.3 - Manufacture of air and spacecraft and related machinery
100 jobs Number of planned job losses
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.
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