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.
Südösterreich; Steiermark; West- und Südsteiermark
Location of affected unit(s)
Köflach
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
120 jobs Number of planned job losses
Announcement Date
19 July 2010
Employment effect (start)
24 August 2010
Foreseen end date
Description
On 24 August 2010, Lear Corporation shut down its Styrian production plant in Köflach, making all remaining 120 employees redundant. The US-based automotive supplier in the Lear site in Köflach produced mainly seating systems since 1991. In the middles of 2008, a third of the workforce was made redundant, and in 2008/09 most of the remaining 207 staff members were working part-time. According to management, the closure had become inevitable, because old contracts had come to an end and no new orders were commissioned. All employees were offered to enter the existing regional re-employment scheme 'automotive and suppliers'. It is expected that about a third of the workforce will enter this work scheme. Temporary agency workers who were employed at the Köflach production site are also concerned.
Sources
20 July 2010: Der Standard
19 July 2010: Kleine Zeitung
Citation
Eurofound (2010), Lear Corporation, Closure in Austria, factsheet number 71051, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71051.
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