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 - Manufacture of motor vehicles, trailers and semi-trailers
100 jobs Number of planned job losses
Announcement Date
9 December 2014
Employment effect (start)
5 January 2015
Foreseen end date
Description
Dutch truck manufacturer DAF is to cut 100 jobs at its manufacturing site in Wasterlo. As reported, the company plans the non renewal of temporary contracts in response to the need to slow down its production. As mentioned, the main reason for the restructuring is the persistent failure of economic recovery in Europe and the considerable decrease in the Russian demand for West-European trucks.
Sources
10 December 2014: De Standaard
10 December 2014: De Tijd
Citation
Eurofound (2014), DAF Trucks Westerlo, Internal restructuring in Belgium, factsheet number 78010, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78010.
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