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
100 jobs Number of planned job losses
Announcement Date
2 September 2009
Employment effect (start)
Foreseen end date
Description
On 2 September 2009, the plastic manufacturer Gaudlitz announced to cut 100 out of 370 jobs in Germany. Gaudlitz is an affiliate of the chemical producer Wasag. Gaudlitz' plastic components are used in the automobile industry. The company suffers from a strong drop in sales. Therefore, it stated to have exhausted all options but to reduce staff. The announced staff reduction shall be realised in a socially acceptable way.
Sources
12 November 2009: Financial Times Deutschland
Citation
Eurofound (2009), Gaudlitz, Internal restructuring in Germany, factsheet number 69830, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69830.
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