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 29.3 - Manufacture of parts and accessories for motor vehicles
632 jobs Number of planned job losses
125 jobs Number of planned job creations
Announcement Date
12 January 2004
Employment effect (start)
1 January 2004
Foreseen end date
1 December 2006
Description
Bosch Système de Freinage announced a restructuring plan of its French activities. Overall, 632 jobs should be suppressed and 125 created. The measure is due to difficulties in the conventional brakes systems compared to the ABS systems. The following plants are affected: Angers with 169 job losses, Drancy with 137, Beauvais with 95 and the closure of the plant of Leviers dismissing 71 workers. More dismissals (around 120) are announced at the plants of Buelna (Spain) and Bari (Italy).
Sources
12 January 2004: Les Echos
Citation
Eurofound (2004), Bosch Systèmes de Freinage, Internal restructuring in France, factsheet number 59202, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59202.
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