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
107 jobs Number of planned job losses
Announcement Date
26 March 2007
Employment effect (start)
30 April 2007
Foreseen end date
31 December 2007
Description
US car parts manufacturer Delphi, which has been declared bankrupt, announced on 26 March 2007 that it is cutting 107 jobs at its factory in Etupes, in Doubs. The company said that 19 employees will be redeployed as part of its restructuring plan. Delphi announced a national restructuring programme in France back on 31 January 2006. The company posted a loss figure of 5.5 billion USD in 2006.
Sources
28 March 2007: Le Monde
28 March 2007: Les Echos
Citation
Eurofound (2007), Delphi, Internal restructuring in France, factsheet number 65174, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65174.
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