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
100 jobs Number of planned job losses
Announcement Date
23 March 2005
Employment effect (start)
Foreseen end date
Description
WP Suspension develops advanced suspension products for motorcycles. Various motorcycle manufacturers, such as KTM or BMW, use WP suspension products in the production of their motorcycles. BMW has decided to stop ordering a certain type of shock breakers in Malden and KTM intends to relocate the production of front forks to Austria. Theses two decisions imply a severe decrease of orders for the Malden site. Therefore, 100 jobs will be cut on the production site of Malden. The restructuring plan has been submitted to the enterprise council and the unions.
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