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 29.3 - Manufacture of parts and accessories for motor vehicles
100 jobs Number of planned job losses
Announcement Date
27 March 2017
Employment effect (start)
27 March 2017
Foreseen end date
31 December 2020
Description
German aluminium die casting manufacturer Schweizer Group headquartered in Hattenhofen announced to cut 100 jobs within the next three years.
Mostly affected will be the production of small aluminium parts for cars due to the high production costs in Germany and most of the job cuts will affect unskilled workers. The company however seeks to implement the job cuts mainly through partial retirement. The figure of affected jobs has already been reduced from 120 to 100. The German Metalworkers' Union had organised a demonstration against the job cuts.
Schweizer Group currently employs 805 staff across four sites in Germany and further 243 abroad in the Czech Republic, Turkey and China.
Sources
27 March 2017: Südwest Presse
7 April 2017: Südwest Presse
Citation
Eurofound (2017), Schweizer Group, Internal restructuring in Germany, factsheet number 90759, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90759.
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