ZF Sachs

Type
Internal restructuring
Country
Germany
Region
Bayern; Unterfranken; Schweinfurt, Kreisfreie Stadt
Location of affected unit(s)
Schweinfurt
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
270 jobs
Number of planned job losses
Job loss
Announcement Date
7 March 2005
Employment effect (start)
Foreseen end date

Description

The car accessories manufacturer ZF Sachs, plans to cut some 270 jobs in the frame of a restructuring plan. No direct dismissals are foreseen.

Sources

  • 7 March 2005: Nürnberger Nachrichten

Citation

Eurofound (2005), ZF Sachs, Internal restructuring in Germany, factsheet number 61338, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61338.