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. 28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
141 jobs Number of planned job losses
Announcement Date
10 September 2013
Employment effect (start)
6 January 2014
Foreseen end date
Description
Manufacturer of parts and accessories for motor vehicles Tenneco will close its plant located in Gijón (Asturias). The closure of the plant involves the dismissal of 230 employees. The workers’ committee has opposed the measure and plans to discuss the restructuring with the Director of Tenneco Europe.
Update 19-05-2014: On April 2014 the company announced that its plant in Gijón (Asturias) will remain open. In May, the company announced that it will cut 141 jobs, retaining 75 workers at the plant. The workers’ council has proposed that the company reduce the number of dismissals to 66. The works council is also proposing that the company give the option of early retirement to workers over the age of 57.
Sources
15 April 2014: El Comercio
10 September 2013: La Nueva España
19 May 2014: Expansión
Citation
Eurofound (2013), Tenneco, Internal restructuring in Spain, factsheet number 75858, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75858.
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