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 29.32 - Manufacture of other parts and accessories for motor vehicles
98 jobs Number of planned job losses
Announcement Date
24 September 2013
Employment effect (start)
1 February 2014
Foreseen end date
1 July 2014
Description
Automotive supplier Timken is to cut 98 positions of a total of 600 at its site in Colmar.
Reportedly, this is due to the end of two important contracts with car manufacturers.
According to the social plan presented to the central works council, the management expects 60 departures in early retirement. Furthermore, it intends to negotiate a “competitiveness agreement” in order to change the working time and to cancel a night shift.
Timken Europe and Timken France SAS are subsidiaries of Timken group based in the US. In 2009, the company announced to cut 300 positions in France, including 165 in Colmar (see ERM factsheet).
Update, 10-01-2014:
Workers have struck twice, claiming better conditions in the social plan.
Sources
23 September 2013: L'usine Nouvelle
24 September 2013: Les Echos
10 January 2014: DNA
Citation
Eurofound (2013), Timken, Internal restructuring in France, factsheet number 75896, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75896.
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