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.
Bavaria (Bad Neustadt an der Saale, Ebern, Erlangen, Bad Rodach)
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture Of Parts And Accessories For Motor Vehicles
New offshoring locations
Poland
430 jobs Number of planned job losses
Announcement Date
23 April 2024
Employment effect (start)
1 May 2024
Foreseen end date
Description
The automotive supplier Valeo has announced 430 job cuts, mostly at its Bavarian sites. Several locations are affected, including 280 jobs in Ebern, 90 jobs in Erlangen and 12 jobs in Bad Rodach.
The job cuts are due to a merger of the Drive Systems and Thermal Systems divisions. The exact details of the restructuring plan have not yet been finalised, but according to the company, the job cuts will be carried out in as socially responsible a manner as possible. The social partners and works councils will now negotiate a possible social plan for the remaining sites.
Eurofound (2024), Valeo, Offshoring/Delocalisation in Germany, factsheet number 201142, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201142.
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