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
219 jobs Number of planned job losses
Announcement Date
10 September 2020
Employment effect (start)
1 October 2020
Foreseen end date
Description
The JTEKT group has announced a reorganisation of its activities in Europe with 654 job cuts, including 219 in France, at its Irigny site near Lyon (Rhône), which has 1,755 employees. The group's economic results, which were already very low in 2018, had led the site to place its technicians and managers on short-time working since May 2019. This short-time working has been extended during the COVID-19 crisis in March 2020 and now affects all the site's employees. The company's announcement is therefore not really a surprise.
A previous reorganisation was recorded in 2009, with 86 job cuts at a plant in Dijon (Côte-d'Or).
Eurofound (2020), Jtekt Automotive Lyon, Internal restructuring in France, factsheet number 101882, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101882.
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