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 Manfacture for transport equipment Manufacture of motor vehicles, trailers and semi-trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
156 jobs Number of planned job losses
Announcement Date
12 March 2025
Employment effect (start)
12 March 2025
Foreseen end date
31 December 2025
Description
TI Automotive, a leading manufacturer of brake circuit tubes, is cutting 156 jobs, as its factory in Nazelles-Négron is closing (Indre-et-Loire). The site has been struggling financially due to a decline in vehicle demand in France and Europe since 2020. Various measures, including part-time unemployment and voluntary departures, were previously implemented to preserve jobs but were insufficient. As a result, 130 employees will be fired. 26 employees will be transferred to the company’s sites in Brognard (Doubs) and Les Mureaux (Yvelines). By the end of July, most employees will have left, and between September and December, production lines will be dismantled and relocated to other German and French sites.
A previous major restructuring recorded in the ERM database saw 118 jobs cut TI Automotive 2008 - NO.
Eurofound (2025), TI Automotive, Closure in France, factsheet number 202473, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202473.
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