Cargotec

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Länsi-Suomi; Pirkanmaa
Location of affected unit(s)
Tampere
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
90 jobs
Number of planned job losses
Job loss
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.

Sources

Citation

Eurofound (2010), Cargotec, Internal restructuring in Finland, factsheet number 71212, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71212.