Restructuring events
European Restructuring Monitor (ERM)
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.
The US-based automotive company Lear Corporation announced that it will cut 460 jobs throughout a collective dismissal programme at its production facility in Jarosław, Poland, by the end of 2020. The programme will be launched in October 2020. The programme is related to the COVID-19 pandemic and a drop-in demand which has affected the automotive sector. The programme was registered at the local employment agency in Jarosław.
Lear Corporation specialises in the production of automotive seating and electrical systems. The company operates in 39 countries worldwide. In Poland, Lear Corporation has been operating for 15 years, employing over 2,100 people.
Updated, 04/12/2020:
The company announced that it had cut 330 positions under the dismissal programme.
Eurofound (2020), Lear Corporation, Internal restructuring in Poland, factsheet number 102044, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102044.