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 - Manufacture of motor vehicles, trailers and semi-trailers
902 jobs Number of planned job losses
Announcement Date
5 March 2008
Employment effect (start)
1 May 2008
Foreseen end date
31 December 2008
Description
General Motors (GM), a multi-national manufacturer of motor vehicles, has announced an extensive reorganisation plan that envisages the loss of 902 jobs at the Spanish plant in Figueruelas (Zaragoza). 864 out of 902 jobs will be lost through direct dismissals and another 38 jobs will be lost through natural decline (retirement). The plant currently employs 8,000.
Eurofound (2008), General Motors, Internal restructuring in Spain, factsheet number 66410, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66410.
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