VDL Bova

Type
Internal restructuring
Country
Netherlands
Region
Zuid-Nederland; Noord-Brabant;
Location of affected unit(s)
Valkenswaard
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.1 - Manufacture of motor vehicles
100 jobs
Number of planned job losses
Job loss
Announcement Date
16 January 2009
Employment effect (start)
16 January 2009
Foreseen end date
31 December 2009

Description

VDL Bova, which manufactures buses, announced on the 16th January 2009 that it will cut 100 jobs from its workforce in Valkenswaard, the Netherlands. The represents a cut of 20% of its workforce. 50 jobs are to be cut immediately, and the remaining 50 will be cut later in 2009. The job cuts are a result of a fall in demand and increasing competition from low wage countries.

Sources

Citation

Eurofound (2009), VDL Bova, Internal restructuring in Netherlands, factsheet number 68069, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68069.