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
219 jobs Number of planned job losses
Announcement Date
26 February 2009
Employment effect (start)
Foreseen end date
31 December 2009
Description
A French subsidiary of the German manufacturer of automotive equipment and motors, ZF Sachs, announced the closure of its site in Mouy (Oise) employing 219 people by the end of 2009. The decision to close the site is a response to a decline experienced in the activity since 2001 following the pull out of Renault among its main clients, amplified by the crisis in the automotive sector.
In 2006 the workforce had been reduced as a result of offshoring, with part of the production going to Turkey and Poland.
Eurofound (2009), ZF Sachs Suspension, Closure in France, factsheet number 68801, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68801.
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