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 29.1 - Manufacture of motor vehicles
500 jobs Number of planned job losses
Announcement Date
17 December 2014
Employment effect (start)
1 March 2015
Foreseen end date
Description
Car manufacturer Toyota Peugeot Citroen Automobile (TPCA) plans to cut 500 jobs in March 2015 due to a lower demand for new models. This will result in a transition from three-shift to two-shift operation at the Kolin . The job cuts will affect only agency workers.
The company, a joint venture between Japanese and French auto companies, currently employs a total of 3,700 people (including about 800 agency workers).
Sources
17 December 2014: MF Dnes
Citation
Eurofound (2014), Toyota Peugeot Citroen Automobile (TPCA), Internal restructuring in Czechia, factsheet number 78006, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78006.
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