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 30.30 - Manufacture of air and spacecraft and related machinery
220 jobs Number of planned job losses
Announcement Date
8 June 2021
Employment effect (start)
8 June 2021
Foreseen end date
Description
XEOS, a joint venture created by Lufthansa and General Electric, announced that it will cut about 220 jobs throughout a collective dismissal programme at its production facility in Środa Śląska. Under the restructuring programme, the company is to close down the site and cut all positions. XEOS has started negotiations with employees’ representatives. The programme is related to the COVID-19 pandemic which has affected the aviation industry; the company reported a drop in demand for its services.
The factory has been operating since 2019; it specialises in servicing and maintenance of GE’s engines. For previous restructuring event see XEOS2019-PL (300 jobs created).
Eurofound (2021), XEOS, Closure in Poland, factsheet number 104911, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/104911.
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