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 (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
1,387 jobs Number of planned job losses
Announcement Date
14 May 2009
Employment effect (start)
Foreseen end date
31 December 2010
Description
Oerlikon Graziano, worldwide leader in high-tech gear production, is to cut 1,387 jobs in Italy. 1,200 redundant workers should be blue-collars, while 187 should be white-collars. In Italy, the Oerlikon Graziano group has its main plants in Piedmont.
Oerlikon Graziano is structured with 11 manufacturing plants and two marketing companies placed in Europe (Italy, Czech Republic, Russia and UK), in Asia (China and India) and in North America.
It has around 18,000 employees worldwide. In Italy, it has 2,400 employees.
Sources
15 May 2009: La Stampa
Citation
Eurofound (2009), Oerlikon Graziano, Internal restructuring in Italy, factsheet number 69056, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/69056.