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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
91 jobs Number of planned job losses
Announcement Date
11 June 2013
Employment effect (start)
1 September 2013
Foreseen end date
31 December 2013
Description
US-based automotive supplier Federal Mogul is to cut 91 jobs in its plant in Aubange. The plant specialized in the production of wiper blades currently employs 280 people and as announced 66 jobs will be cut and 25 other temporary contracts will not be renewed. According to the management, the decision comes from the necessity to invest in innovation to remain competitive. The 'Renault procedure' is going to be launched. Unions announced that they will try to reduce the number of layoffs. According to the sources the restructuring shall be implemented in the last quarter of 2013. For previously reported restructuring events in the group see Federal Mogul-DE2013 and Federal Mogul-IT2009.
Sources
11 June 2013: La Meuse
11 June 2013: l'avenir.net
Citation
Eurofound (2013), Federal Mogul, Internal restructuring in Belgium, factsheet number 75499, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75499.
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