Magna-Näher

Type
Offshoring/Delocalisation
Country
Germany
Region
Baden-Württemberg; Stuttgart; Ludwigsburg
Location of affected unit(s)
Markgröningen
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.32 - Manufacture of other parts and accessories for motor vehicles
New offshoring locations
Not Available
664 jobs
Number of planned job losses
Job loss
Announcement Date
28 June 2013
Employment effect (start)
28 June 2013
Foreseen end date

Description

Car component supplier Magna-Näher, German subsidiary of Magna International, will relocate its production to raise competitiveness and intends to cut 664 jobs out of 800 jobs in Markgröningen. This measure was taken because of decreasing commercial efficiency. However worker representatives emphasize that mismanagement is the main reason for the losses.

Furthermore Magna's European headquarters announced that 40 employees will be taken over by TLT, one of Magna’s suppliers nonetheless remaining at Markgröningen's plant.

Sources

  • 27 June 2013: Stuttgarter Zeitung
  • 29 June 2013: Bietigheimer Zeitung

Citation

Eurofound (2013), Magna-Näher, Offshoring/Delocalisation in Germany, factsheet number 75611, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75611.