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 29.2 - Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers
450 jobs Number of planned job losses
Announcement Date
28 September 2006
Employment effect (start)
30 September 2006
Foreseen end date
31 December 2007
Description
On 28 September 2006, Bavaria-based manufacturer of car roofs Webasto, which employs a workforce of 6,200 people globally, announced its plans to cut 450 out of 3,800 administrative and research jobs by the end of 2007.
In Germany, 280 jobs out of about a total of 2,500 will be lost. No direct dismissals are expected in Germany. There are no available data on the other affected countries. Despite an overall increase in orders, the company is planning to bring down costs by 1.4 million euro by 2008. The cost saving programme is said to react to decreasing sales of sport car roofs, particularly in the USA.
Sources
30 September 2006: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2006), Webasto, Internal restructuring in World, factsheet number 65031, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65031.
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