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 Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15 - Manufacture of leather and related products
170 jobs Number of planned job losses
Announcement Date
19 September 2006
Employment effect (start)
15 November 2006
Foreseen end date
Description
170 out of current 510 employees of the Austrian subsidiary of the German shoe manufacturer Gabor will be dismissed in mid-November 2006. This information was released by Achim Gabor, the CEO at the companys headquarters in Rosenheim, Germany, on 19 September 2006. The affected workers are all employed at the companys only production site in Austria located in Spittal/Drau. According to Mr Gabor, the main grounds for restructuring are to be found in a shift in demand entailing significant labour costs increases and a considerable rise in prices of raw materials, in particular leather. After restructuring, only 3,500 pairs of shoes will be produced per day instead of currently around 6,000. The plant management and the works council have already started talks about possible socially acceptable solutions for the workforce concerned. The plant has repeatedly been subject to substantial restructuring since 2003, when it employed about 950 employees.
Sources
19 September 2006: Wirtschaftsblatt
19 September 2006: Der Standard
Citation
Eurofound (2006), Gabor, Internal restructuring in Austria, factsheet number 59364, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59364.
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