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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28 - Manufacture of machinery and equipment n.e.c.
90 jobs Number of planned job losses
Announcement Date
23 November 2010
Employment effect (start)
1 January 2011
Foreseen end date
31 May 2012
Description
Cargotec, a Finnish manufacturer of cargo handling equipment, will cut approximately 90 jobs from its Tampere unit. Cargotec has concluded obligatory negotiations with its employees on the cuts. It is converting the Tampere unit into a "technology and competence centre" and moving production to a new facility. Some laid-off workers may be offered work at Cargotec's new assembly plant in Poland. Cuts will take place in phases during the next 1.5 years.
Eurofound (2010), Cargotec, Internal restructuring in Finland, factsheet number 71212, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71212.
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