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
109 jobs Number of planned job losses
Announcement Date
11 October 2005
Employment effect (start)
1 October 2005
Foreseen end date
31 December 2005
Description
Automotive supplier Brose will cut 109 jobs by december 2005 at its factory in Hallstadt near Bamberg (Bavaria). Brose and trade union IG Metall had negotiated about a longer working week and other cost-cutting measures. After the negotiations broke down in July 2005, Brose first announced the loss of 51 jobs. Early October the company added another 58 positions. The management says the trade union was blocking necessary reform, thereby endangering jobs. The trade union says the company was demanding ever more concessions, while profits were healthy.
Sources
12 October 2005: Automobilindustrie.de
Citation
Eurofound (2005), Brose, Internal restructuring in Germany, factsheet number 62419, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62419.
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