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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
New offshoring locations
Slovenia
500 jobs Number of planned job losses
Announcement Date
17 September 2007
Employment effect (start)
17 September 2007
Foreseen end date
17 September 2010
Description
Schefenacker Visions Systems, a subsidiary of the UK based Schefenacker Group and a supplier of lights to the automotive industry, has announced that it is to cut up to 500 jobs at its four German sites by September 2010. 450 of the 500 jobs will be ‘offshored’ to Slovenia, whilst the 50 other jobs will be transferred to a ‘rescue company’. The announcement was made on 17th September 2007 and follows an agreement with the German metalworkers union IG Metall. Schefenacker Visions Systems employs 1260 in Germany. None of the firm’s four sites in Germany are to be closed.
Sources
17 September 2007: Frankfurter Allgemeine Zeitung
17 September 2007: Handelsblatt
Citation
Eurofound (2007), Schefenacker Visions Systems, Offshoring/Delocalisation in Germany, factsheet number 65817, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65817.
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