Iveco Magirus

Type
Internal restructuring
Country
Germany
Region
Baden-Württemberg; Tübingen; Ulm, Stadtkreis
Location of affected unit(s)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
550 jobs
Number of planned job losses
Job loss
Announcement Date
29 August 2008
Employment effect (start)
1 September 2008
Foreseen end date
31 December 2009

Description

The manufacturer of trucks Iveco Magirus announced on 29 August that it will cut 450 jobs in 2008 and another 100 jobs in 2009. All job cuts will affect employees with fixed term contracts who will have to leave the company as soon as their contracts expire. No further details have been published.

Citation

Eurofound (2008), Iveco Magirus, Internal restructuring in Germany, factsheet number 67021, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67021.