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 (29 - 30) Manufacture for transport equipment 30 - Manufacture of other transport equipment 30 - Manufacture of other transport equipment
2,800 jobs Number of planned job losses
Announcement Date
9 October 2002
Employment effect (start)
Foreseen end date
1 December 2003
Description
GE Aircraft Engines (GEAE) is the world's leading producer of large and small jet engines for commercial and military aircraft. GEAE also supply aircraft-derived engines for marine applications and provide aviation services.
Firts wave 1000 jobs until the end of 2002, 1800 more until 2003.
Citation
Eurofound (2002), GE Aircraft Engines, Internal restructuring in World, factsheet number 59622, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59622.