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 Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
400 jobs Number of planned job losses
Announcement Date
30 July 2020
Employment effect (start)
30 July 2020
Foreseen end date
Description
As announced on 30 July 2020, the German automotive supplier and filtration specialist Mann+Hummel will be seizing production at its site in Ludwigsburg which will result in the loss of 400 jobs due to internal restructuring. According to management, the decision is inevitable and aims to secure the company’s future. Mann+Hummel will continue to operate its research and development department as well as its technology centre in Ludwigsburg. Management will work closely with the works council to reach an agreement for a social plan. There is no detailed information when the production facility will close or when the redundancies will be carried out.
31 July 2020: Ludwigsburger Kreiszeitung (online) (www.lkz.de)
Citation
Eurofound (2020), Mann+Hummel, Internal restructuring in Germany, factsheet number 101447, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101447.
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